Aster Lists Tencent, Xiaomi, Minimax and Pop Mart Perpetuals

Aster DEX has listed four Hong Kong equities-Tencent, Xiaomi, Minimax and Pop Mart-as perpetual futures contracts accessible directly within Trust Wallet. Each contract is capped at 3x leverage and can be traded around the clock from self‑custody wallets.

The integration embeds Aster‑backed perpetuals in the Trust Wallet app so users can open positions while retaining control of their private keys. Trades execute via decentralized smart contracts rather than through a broker or a centralized exchange, and users can place orders outside traditional market hours.

The four Hong Kong equity perpetuals are limited to 3x leverage. Trust Wallet also supports more than 100 perpetual markets through Aster DEX, where leverage on crypto pairs can reach up to 100x. Separately, Trust Wallet provides access to perpetuals on Hyperliquid with leverage up to 50x.

Aster DEX reported a surge in perpetual futures volume, rising from $3.26 billion to $25.77 billion in a matter of days following expanded perpetual offerings.

The listed contracts are synthetic instruments that track the price of the underlying Hong Kong securities. Holding a perpetual contract does not transfer ownership of the actual shares. On‑chain price tracking relies on oracle feeds, the liquidity depth available to the contract and funding rate mechanics that align perpetual prices with spot prices. Those elements affect how closely a perpetual follows the underlying stock and influence trading costs and execution risk.

The four names provide recognizable exposure: Tencent is a technology conglomerate; Xiaomi is a consumer electronics and smartphone maker; Pop Mart sells collectibles and lifestyle products; and Minimax is described as an AI startup offering exposure to artificial intelligence trends. Each contract provides synthetic exposure to price moves in those companies without holding equity.

Users trading these products face risks specific to synthetic perpetuals, including leverage losses, potential oracle outages or inaccuracies, limited liquidity that can widen spreads or impede execution, and funding rate volatility that changes position costs. The contracts’ legal and regulatory status differs from owning shares and can vary by jurisdiction.

The Trust Wallet integration makes equity‑linked perpetuals available through decentralized finance protocols instead of traditional brokerages or centralized exchanges.