DeFiLlama flags Aster for suspected wash trading and moves to delist perps volume data
Key Takeaways
- DeFiLlama is delisting Aster perpetual volume data due to concerns about suspicious trading patterns.
- Aster's trading volume closely mirrors Binance's, raising questions about potential wash trading.
DeFiLlama is removing Aster’s perpetual trading statistics from its platform following an investigation that found the data had become nearly identical to Binance’s perpetual futures volumes, said 0xngmi, the pseudonymous founder of DeFiLlama, in a recent post on X.
According to 0xngmi, trading pairs such as XRPUSDT and ETHUSDT on Aster showed an almost 1:1 correlation with Binance’s trading patterns.
However, without access to low-level execution data, DeFiLlama’s team cannot determine whether the mirrored volumes are the result of wash trading or synthetic replication.
Until such data becomes available, DeFiLlama will delist Aster’s perp volumes from its listings to preserve data integrity.
“The thing I care about is integrity of our data,” 0xngmi stated, noting that he holds no positions or affiliations with either Aster or Hyperliquid.
Aster, a rising competitor to decentralized perpetuals exchange Hyperliquid, saw its native token ASTER fall from $2 to $1.8 following 0xngmi’s comments, according to on-chain data .
The token launched in mid-September and briefly reached $2.4 by the end of that month. Last month, Aster became the leading decentralized perpetuals exchange by daily fees, surpassing Hyperliquid.
DeFiLlama’s decision to delist Aster’s perpetual trading volume data has sparked a wave of community complaints. In response, 0xngmi reiterated that the move was about data integrity, not favoritism.
“Our users trust our data and make investing decisions based on it, if we report incorrect data they’ll make the wrong decisions,” said 0xngmi in a follow-up thread .
0xngmi added that the team had previously removed Aster’s revenue data quietly, but repeating that risked fueling “conspiracy theories.” He also explained that adding warnings isn’t supported by DeFiLlama’s API, though future changes could make this possible.
Rejecting claims of bias, 0xngmi noted DeFiLlama had taken similar action against other perp DEXs for data irregularities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Today: SEC Blocks Staked SOL ETF, Highlighting Ongoing Tension Between Crypto Innovation and Regulatory Oversight
- SEC blocks Staked SOL ETF, reflecting regulatory scrutiny of staking mechanisms in crypto markets. - Solana ETFs saw $53M inflows on Nov. 25 but faced $8M outflow days later amid market volatility and declining on-chain activity. - VanEck withdraws BNB staking plans, citing SEC risks after recent guidance raised legal uncertainties over staking as an investment contract. - Regulatory ambiguity creates fragmented crypto ETF landscape, with Solana trading near $140 as key price threshold amid mixed technic

Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?
- Zcash (ZEC) tests critical $380 Fibonacci support as price falls below $480, triggering bearish technical signals like a double-top pattern. - Grayscale's proposed Zcash ETF (ZCSH) aims to institutionalize ZEC access but risks amplifying volatility if demand exceeds supply. - Fed's cautious rate-cut projections and declining on-chain activity (open interest, volume) highlight tension between macro optimism and weak near-term fundamentals. - Templar Protocol's ZEC-native lending feature enhances DeFi util

Bitcoin News Update: Ark Invest Makes Daring Moves in Crypto and AI Despite Market Slump
- Ark Invest spent $88M on crypto assets in November 2025, defying market declines by buying undervalued tech/crypto equities. - Major purchases included $25M in Coinbase , Circle , and Block shares, now holding 5.22% of ARKK's portfolio. - CEO Cathie Wood contrasted current AI/crypto growth with past bubbles, viewing downturns as strategic buying opportunities. - The firm also invested $56M in Alphabet and $29.4M in AI firm CoreWeave , emphasizing sector readiness over speculation. - With Bitcoin near $87
FCA's Crypto Sandbox Strives to Foster Innovation While Safeguarding Investors
- Coinbase and Kraken join UK FCA's crypto sandbox to test new disclosure rules, aiming to boost transparency and align with global standards. - FCA's 2026 roadmap mandates detailed risk assessments for unbacked crypto, stablecoins, and tokenized assets, with Eunice developing compliance templates. - U.S. regulators and banks like U.S. Bancorp parallel efforts, testing stablecoins and emphasizing structured oversight to mitigate depegging risks. - Coinbase's regulatory engagement spans FCA, SEC, and global

