Aster DEX Launches Privacy Layer-1 as Trading Volume Falls 76% From Peak
Aster DEX launched its Layer-1 blockchain with default privacy features, despite a 76% drop in trading volume from its peak.Summary
Decentralized perpetual exchange Aster has launched its mainnet for a purpose-built Layer-1 blockchain designed for derivatives trading. The chain boasts high transaction speeds (100,000 TPS) and 50-millisecond block times, with no gas fees and supports cross-chain deposits from major blockchains like BNB Chain, Arbitrum, Ethereum, and Solana. A key feature is default privacy, utilizing one-time stealth addresses and zero-knowledge proofs for encrypted orders. The launch received support from Changpeng Zhao (CZ) of Binance, and the ASTER token saw a price increase. However, this launch occurs amidst a significant decline in platform activity, with perpetual trading volume falling 76% from a peak of $76.6 billion in October 2025 to around $18 billion, and TVL decreasing from over $2 billion to $949 million. Aster remains a top DEX but faces increasing competition from platforms like Hyperliquid.
(Source：BeInCrypto)