Analytics Hub Defillama has deleted Aster’s permanent futures volume data in accordance with concerns about accuracy that have caused uncertainty among traders.
According to 0xngmi, co-founder of Defillama, their reviews reveal that Aster’s deal count is roughly the same as Binance’s, suggesting something might be wrong. The matching patterns observed between pairs containing XRPUSDT and EthusDT suggested that the amount was manipulated.
Dashboard Builder It’s attracting attention“Aster doesn’t make it impossible for people to retrieve low-level data, such as those who create and fill in orders, so Aster Perp volumes will be delisted until they can retrieve that data and see if there is any breaking news.”
The Defilama team highlighted the policy Zero Tolerance For suspicious data, we showed that Aster Perps would not return until the situation becomes clearer. Some users have opposed the decision by Defilama and have suggested instead continue to list the volume of Aster under flagged notifications, but 0xngmi I said That decision will bias the overall amount figure. However, X Tech Influencer’s TechLead believes this could ultimately work out courtesy of Aster.
he I commented“This is a super bullish aster… If they actually emit Binance liquidity to defi, it’s a completed transaction. It’s worth reexamining what “metrics” mean in the New World. Dex and CEX are just front-ends. “So far, some have criticised the Astor of Foul Play, while others have praised the community for remaining divided and others for taking a creative approach.
Since its launch in September, Aster has been turning its head as a potential rival for high lipids, fueled by the chatter around the CZ and the growing attention of DEX. During the week of September 24th, Aster’s open interest grew by over 33,500%, quickly expanding with high lipids. According to data from Defillama, the platform also recorded $60 billion in daily permanent transactions on September 25th.
Analyst Marcell predicted that Aster’s price could rise 480% to $10 in September. Other analysts are hoping for a 35% rally in October as the crypto market will usually strengthen seasonally.
Recently Aster An affected traders have been refunded Unusual price transfer XPL’s permanent contract includes a newly launched token of Stablecoin-centered Layer 1 plasma.
Just a few days ago, XPL prices increased to over $4 from around 1.30 level, the $1.30 level observed on other exchanges. “We are aware of the unusual price movement of XPL’s permanent trading pairs. Don’t worry, all user funds are SAFUs. We have a full review and we will compensate the affected users for losses.” Posted At the time, it was X.
Less than two hours later, Aster announced that the issue had been resolved. They also said that all users settled during the incident will calculate and compensate for the losses in USDT. True to their words, according to the project, liquidation compensation was distributed within three hours, followed by subsequent compensation to cover related transactions and liquidation fees.
Aster’s planned airdrops raise concerns
The market jitter surrounding Aster was under scrutiny for its airdrop structure, even before the news of Defilama. Aster announced that Genesis Stage 2 rewards, which can be claimed on October 14th, will not be vested. This means that tokens can be sold immediately. Analysts like Duo Nine warned of potential sales pressures, as 4% of the supply is set to unlock. He said this could cut Aster to a drop of around $1, a 46% drop, giving slower buyers an entry at a discount.
Exchange pitches the update as a fair-driven adjustment, highlighting seamless stage progression and stage 3 upgrades, including new formulas, boosts and spot incentives. But for traders, the flexibility looked like an impending flood of tokens.
A member of one community said announcing an unlocked airdrop showed extraordinary confidence, suggesting that Aster needs to generate enormous fee revenue to absorb the resulting selling pressure. Unlocked airdrop concerns stacked on top of wash trading chatter, fueling fresh FUD and drag prices over the weekend.
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