DefiLlama to Delist Aster Volume Data Over Suspected Wash Trading
Yahoo Finance·2025-10-06 10:13

Core Insights - DeFiLlama has removed Aster's perpetual futures volume data due to concerns over data integrity after detecting trading volumes closely mirroring those of Binance [1][2][3] Volume Correlation - Aster's trading volumes for pairs like XRP/USDT showed a correlation ratio of approximately 1 with Binance, while competitor Hyperliquid displayed decorrelation [2] - Correlation patterns were even more pronounced for other assets like ETH, indicating similar trends across all trading pairs [3] Community Reactions - The delisting has caused a split in the crypto community, with critics questioning DeFiLlama's centralization and defenders attributing the correlation to legitimate liquidity migration from Binance [4] - Blockchain investigator ZachXBT criticized Anndy Lian for normalizing wash trading, while Lian defended the practice as common in the industry [5] Trading Volume Data - Aster's total trading volume has exceeded $2.2 trillion, with a total value locked of $1.52 billion, 3.18 million total users, and $328.28 million in all-time income [7]