If you hold $ASTER, you should read this article.
In many previous articles, I shared about the concept of privacy - the fundamental issue for which cryptocurrencies were born, alongside payments and decentralization.
Due to legal pressures, cryptocurrencies in the field of privacy have begun to rise, with $DASH at the forefront of the trend. I have also shared a lot about $DASH when it rose significantly thanks to
Its ability to conceal transaction data protects users from tracking and information exploitation. This issue becomes more critical in the perpdex market, where revealing positions means losing the edge. Do you remember a few months ago when the market was looking for whales on Hyperliquid? Hyperliquid is very transparent. These are the things that whales dislike - and that’s why we have Aster Exchange.
Aster applies a mechanism of secret orders and zk-proof, allowing for the concealment of order size, position, and trading strategy, reducing the risks of front-running/MEV and protecting traders' strategies. This is the key point that distinguishes it from popular traditional DEXs like HyperLiquid, which focus on optimizing speed and experience but where all activities are still publicly visible, making it easier for sharks, bots, and market makers to read user positions.
In summary:
• HyperLiquid: fast, good experience → but transparency in orders = easy targeting of positions
• Aster: has a layer of anonymity for derivative trades → protecting strategies → a real competitive advantage, an inevitable trend
Of course, HyperLiquid will maintain its position as the best DEX for derivatives, and ASTER ranks second. Currently, one has a market cap of ~40 billion, and the other ~2 billion, and there is still plenty of room for growth.
CZ faces the problem of being too successful, so he is hated by many powers and OG whales do not want to play with him. But I believe that CZ will be able to raise ASTER to at least 10 billion. $BNB had previously raised it to 130 billion.
