DefiLlama Delists Aster Perpetual Futures Volume Data Over Integrity Issues
- DefiLlama is removing perpetual futures volume data for the Aster DEX due to concerns about data integrity.
- Trading volumes on Aster closely mirror those of Binance, with a correlation ratio near one, raising suspicions of potential wash trading.
- Open interest on Aster surged over 33,500% in less than a week during late September, indicating strong demand for its services.
- Daily perpetual trading volume reached an all-time high of $60 billion on September 25, attributed largely to Aster’s rapid growth.
- The current price of the Aster token is approximately $1.83, down from an all-time high exceeding $2.30.
The decision to delist Aster’s volume data underscores the importance of transparency in DeFi platforms, especially as they compete with established exchanges like Hyperliquid and Binance.
As trading activity on Aster escalated significantly, analysts noted that its open interest spike reflects a growing interest among traders despite current scrutiny over its data integrity practices.
