DeFiLlama to delist Aster perpetual volume data over integrity concerns

Decentralized finance (DeFi) analytics platform DefiLlama is delisting perpetual futures volume data for the Aster decentralized exchange platform (DEX) due to data integrity concerns, according to 0xngmi, a pseudonymous co-founder of DeFiLlama.

Trading volume on Aster, , co-founder of the Binance crypto exchange, is now “mirroring Binance Perp volumes almost exactly,” 0xngmi , adding that the correlation ratio between Binance and Aster trading volumes is about 1. He continued:

“Aster doesn’t make it possible to get lower-level data, such as who is making and filling orders, so until we can get that data to verify if there’s wash trading, Aster perpetual volumes will be delisted.”

Cointelegraph reached out to the Aster team, but had not received a response by the time of publication.

Aster emerged as a , a decentralized perpetual crypto futures exchange, in September, and has captured narrative attention from the crypto community due to CZ’s ties with the platform and the popularity of Hyperliquid.

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Open Interest on Aster in less than seven days during the week of September 24, signaling significant demand for the perpetual futures DEX and putting its trading activity on par with Hyperliquid.

Daily perpetual trading volume of $60 billion on September 25, according to DeFi analytics platform . 

The surge in trading volume was attributed to the growth of Aster, as the platform captures mindshare from traders and investors in the crypto community.

Aster’s price can still , putting its price around $10, market analyst Marcell in September. “Aster already flipped HYPE in daily volume and in daily revenue,” he said.

The Aster token is trading at about $1.83 at the time of this writing, down from its all-time high price of over $2.30, according to .

Aster’s token could and form new all-time highs in October, which is typically a good month for crypto prices, analysts forecast.

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