Aster, the decentralized perpetual futures exchange on BNB Chain, just made tokenized stocks pull double duty. The platform now lets traders post bStocks, Binance’s tokenized US securities, as collateral to back perpetual trades.
How the collateral mechanism works
The feature supports a margin ratio of up to 90% on select bStocks. That means a trader holding $10,000 worth of tokenized Tesla can use up to $9,000 of that value as margin for perpetual positions.
The supported tickers at launch include TSLAB (Tesla), NVDAB (NVIDIA), CRCLB (Circle), and SNDKB (Sandisk). These are some of the most liquid and widely held names in tech and finance.
Users retain full exposure to the underlying equity while simultaneously using it as trading margin. If Tesla’s stock goes up, the collateral value increases. If NVIDIA pays a dividend, the holder still receives it. Aster is calling this “one position, working twice.”
