Binance founder Changpeng “CZ” Zhao has explained his role in Aster DEX following the 2,000% rally of the DEX’s native token. This also follows his earlier endorsements of the decentralized exchange, which has provided increased competition to the likes of Hyperliquid.

Binance Founder CZ Explains Role In Aster DEX

CZ mentioned in an X space that he serves as an advisor for the Aster DEX, advising them explicitly on product and technology, but not on regulatory issues. He also revealed that some former Binance employees are now working for the DEX. The Binance founder opined that Aster is a very strong project.

Meanwhile, CZ also noted how the Aster DEX has stayed close to the BNB Chain ecosystem, which he admitted has helped BNB. Notably, the BNB price rallied to

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