Aster delisting exposes DeFi’s growing integrity crisis
Aster’s removal from DefiLlama shows how data credibility has become a new battleground for DEXs.
The fight for dominance among decentralized derivatives exchanges has taken a new turn after data aggregator DefiLlama delisted Aster, citing concerns over data integrity.
Aster, a derivatives decentralized exchange (DEX) backed by YZi Labs (formerly Binance Labs), recently surged in trading volume to overtake Hyperliquid, which has been hailed as one of the crypto industry’s breakout stars.
But on Sunday, DefiLlama founder 0xngmi said on X that Aster’s reported volumes mirrored those of Binance’s perpetuals market, prompting the platform’s removal.
