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DefiLlama Relists Aster Perpetual Data With Verification Gaps and Caution Warnings

BeInCrypto
DefiLlama relisted Aster's perpetual data despite verification gaps and historical data loss, following an earlier delisting due to suspected wash trading.

Summary

Analytics platform DefiLlama has relisted the perpetual trading volume data for the decentralized exchange Aster, over two weeks after initially delisting it due to concerns over mirrored Binance volumes suggesting wash trading, which caused a 10% drop in the ASTER price.

The relisting comes with significant caveats: there is no historical data available, and verification of the current numbers remains difficult. DefiLlama builder 0xngmi explained that Aster's team requested the relisting while DefiLlama works on a solution involving other metrics to improve verification, which will take time.

DefiLlama had delisted Aster because its trading volumes correlated almost exactly with Binance's perpetual volumes across pairs like XRPUSDT and ETHUSDT, implying non-organic activity. Although some users suggested keeping the data with a warning tag, 0xngmi noted this would impact total perp volume metrics. The reinstatement, even before full conditions are met, suggests DefiLlama is allowing Aster a path to regain trust, and the ASTER token price has since risen by over 5%.

(Source:BeInCrypto)