Aster Back on DeFiLlama, But Wash-Trading Fallout Still Not Resolved

Core Insights - Aster's trading activity is under scrutiny due to allegations of wash-trading, leading to its initial delisting from DeFiLlama [1][4] - The platform has been relisted on DeFiLlama, but concerns regarding the legitimacy of its trading volume persist [2][4] - Aster's CEO suggests that inflated trading activity may be attributed to airdrop farming rather than wash-trading [6][7] Summary by Sections Delisting and Relisting - Aster was delisted from DeFiLlama due to allegations of wash-trading, which raised questions about its trading volume [1][4] - The platform has since been relisted at Aster's request, ending a multi-week absence from the rankings [2][5] Allegations of Wash-Trading - The pseudonymous founder of Aster, 0xngmi, noted suspicious similarities between Aster's trading volume and that of Binance's perpetual futures exchange [2][3] - Despite the relisting, 0xngmi emphasized that the platform remains a "black box" and that the numbers cannot be verified [5] Airdrop Farming Explanation - Aster's CEO, Leonard, indicated that the observed suspicious trading patterns could be explained by airdrop farming activities [6] - Traders may have opened positions on Aster while hedging on Binance, a common strategy in decentralized finance to maximize airdrop rewards [7]