DefiLlama Founder Goes Scorched Earth on ASTER Crypto: Can Binance Listing Save It?

99BitcoinsMonday, October 6, 2025 at 9:25:06 AM
DefiLlama Founder Goes Scorched Earth on ASTER Crypto: Can Binance Listing Save It?
Aster Crypto, a new Perp DEX platform, has made headlines with a staggering 7,000% price surge for its native token, ASTER. Backed by YZi Labs, it has quickly outperformed competitors like Hyperliquid in terms of total value locked and trading volume. However, the founder of DefiLlama has raised concerns about the platform, questioning its sustainability and future prospects. This situation is crucial as it highlights the volatility and risks associated with emerging cryptocurrencies, especially in a market that is still finding its footing.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Bitcoin Exchange Inflows Shrink Amid $125,000 Rally – More Upside Ahead?
PositiveCryptocurrency
Bitcoin has reached a new all-time high of $125,708 on Binance, and interestingly, the inflows to exchanges are starting to decline. This trend suggests that investors might be holding onto their assets rather than selling, which could indicate a strong bullish sentiment in the market. Analysts believe this could lead to a healthy rally for Bitcoin, making it an exciting time for cryptocurrency enthusiasts and investors alike.
BNB price prediction: Can Binance Coin break its new $1,237 ATH soon?
PositiveCryptocurrency
BNB has reached a new all-time high of $1,237.81, currently stabilizing around $1,213. This strong performance indicates that it is holding the crucial $1,200 level effectively. If it surpasses $1,242, we could see even more upward momentum. This is significant for investors and the broader cryptocurrency market as it reflects growing confidence and potential for further gains.
BNB price approaches the $1,570 Fibonacci resistance amid ongoing price discovery
PositiveCryptocurrency
BNB is experiencing a remarkable surge, recently surpassing the $1,000 mark and entering a new phase of price discovery. This bullish momentum is significant as it indicates strong investor confidence and potential for further gains, with Fibonacci extension targets suggesting a possible rise to $1,570. Such developments are crucial for the cryptocurrency market, as they can influence trading strategies and investor sentiment.
Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High
NegativeCryptocurrency
Bitcoin recently soared to an impressive all-time high of $125,700, but this excitement was short-lived as the price quickly dropped below $123,000. This sharp correction is not surprising, especially after such a significant rally. Interestingly, there was a spike in whale activity, with a notable $200 million Bitcoin transfer to Binance, indicating that large investors were likely taking profits or repositioning their assets. This volatility highlights the unpredictable nature of cryptocurrency markets and serves as a reminder for investors to stay cautious.
Binance to list Aster amid wash trading allegations
NeutralCryptocurrency
Binance has revealed its plans to list Aster, a significant move for the decentralized exchange project, despite ongoing allegations of wash trading within the crypto community. This listing could enhance Aster's visibility and credibility, but the accusations raise concerns about market integrity. As the crypto landscape evolves, how Binance navigates these challenges will be crucial for its reputation and the trust of its users.
Binance Charity Pledges $150,000 to Flood Relief in India
PositiveCryptocurrency
Binance Charity has stepped up to support flood relief efforts in India by pledging $150,000. This generous contribution comes at a crucial time as the country faces severe monsoon floods, impacting countless lives and communities. By providing financial assistance, Binance aims to help those affected rebuild their lives and restore normalcy. This initiative not only highlights the importance of corporate social responsibility but also showcases how organizations can play a vital role in humanitarian efforts.
XRP Volumes on Aster DEX Mimic Those on Binance, Raising Questions About Market Frenzy
NeutralCryptocurrency
Recent reports indicate that XRP trading volumes on the Aster decentralized exchange are mirroring those on Binance, sparking discussions about the current state of the cryptocurrency market. This trend raises questions about whether the surge in trading activity is indicative of genuine interest or speculative frenzy among investors. Understanding these dynamics is crucial as they can impact market stability and investor confidence.
Defillama Delists Aster Perp Volumes Over Suspected Wash Trading
NegativeCryptocurrency
Defillama has decided to delist the trading volumes of Aster Perp due to concerns over suspected wash trading activities. This move highlights the ongoing issues within the cryptocurrency market, where transparency and integrity are crucial for investor confidence. By taking this step, Defillama aims to maintain its credibility and protect users from potential manipulation, which is essential in fostering a healthier trading environment.
Aster token price drops over 10% after DefiLlama delists perpetuals data amid wash trading concerns
NegativeCryptocurrency
The Aster token has experienced a significant drop of over 10% following DeFiLlama's decision to delist its perpetual futures data due to concerns over wash trading. This move has triggered a sell-off, with Aster trading at $1.92, reflecting a 6% decline on the day. This situation highlights the growing caution among traders and the impact of regulatory scrutiny on cryptocurrency markets.
DeFiLlama flags Aster for suspected wash trading and moves to delist perps volume data
NegativeCryptocurrency
DeFiLlama has flagged Aster for suspected wash trading, leading to the decision to delist its perpetual volume data. This move highlights the ongoing challenges of transparency and integrity within decentralized finance platforms, which are crucial for maintaining trust among users and investors. As the DeFi space continues to grow, ensuring that platforms operate fairly is essential for their long-term success.
DeFiLlama to delist Aster perpetual volume data over integrity concerns
NegativeCryptocurrency
DeFiLlama has decided to delist the perpetual volume data for Aster due to concerns over its integrity. The analytics platform found that the trading volumes on Aster were almost perfectly correlated with those on Binance, raising red flags about the reliability of the data. This decision is significant as it highlights the ongoing challenges in ensuring transparency and trust within the decentralized finance space, which is crucial for attracting users and investors.
Latest Crypto News: U.S. Shutdown, BNB ATH, and Cardano’s Google Cloud Bet
NeutralCryptocurrency
This weekend's crypto news highlights a mix of political and market developments, including the U.S. government's budget impasse, Binance achieving all-time highs, and its new partnership with Google Cloud. These stories matter as they reflect the ongoing interplay between regulatory environments and market dynamics, which can significantly impact investor sentiment and the future of cryptocurrencies.
Latest from Cryptocurrency
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (October 7)
PositiveCryptocurrency
The cryptocurrency market is buzzing with excitement as it approaches a staggering $4 trillion valuation, and today's insights highlight the potential for explosive growth. With major players like Circle and Mastercard looking to integrate USDC, the landscape is evolving rapidly. This matters because it signals a shift towards mainstream adoption of digital currencies, which could reshape financial transactions globally.
Tokenization moved from the margins to a $28 billion market | Opinion
PositiveCryptocurrency
Tokenization has transitioned from a niche concept to a significant $28 billion market, highlighting its growing importance in the financial landscape. This shift underscores the need for a careful balance between fostering innovation and ensuring that regulations keep pace. As tokenization continues to evolve, it presents both opportunities and challenges that could reshape how we think about assets and transactions.
Analyst Predicts a $250K Bitcoin Amid Growing Institutional Support as Bitcoin Hyper Soars
PositiveCryptocurrency
Analyst Crypto Poseidon has sparked excitement in the cryptocurrency community by predicting that Bitcoin could reach $250,000 by July 2026, based on Livermore’s Speculative Chart. While some in the community have expressed skepticism about the prediction, the overall sentiment leans towards optimism as institutional support for Bitcoin continues to grow. This prediction highlights the potential for significant price movements in the cryptocurrency market, making it a topic of interest for investors and enthusiasts alike.
Solana’s $2.85B Revenue Rivals Palantir, Robinhood Amid Waning Memecoin Craze
PositiveCryptocurrency
Solana has reported an impressive revenue of $2.85 billion, positioning itself alongside major players like Palantir and Robinhood. This achievement is particularly noteworthy as it comes during a time when the memecoin craze is losing momentum. Solana's growth highlights its resilience and potential in the cryptocurrency market, making it a significant player to watch as the industry evolves.
EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors
NegativeCryptocurrency
The European Union is contemplating sanctions against the ruble-backed stablecoin A7A5, which is linked to sanctioned Russian individuals. This move highlights the EU's ongoing efforts to curb financial mechanisms that support Russia amid ongoing geopolitical tensions. By targeting such digital currencies, the EU aims to reinforce its stance against Russia's actions and prevent the circumvention of existing sanctions, which could have significant implications for international finance and cryptocurrency regulation.
Bitcoin Could Hit $131K After Setting New ATH, While Bitcoin Hyper Raises Over $22.2M
PositiveCryptocurrency
Bitcoin has made headlines again by reaching a new all-time high of $126,000, surprising many investors who saw it dip below $110,000 just weeks ago. Analysts are optimistic, predicting that Bitcoin could soar even higher to $131,000 soon. This surge not only reflects growing confidence in the cryptocurrency market but also highlights the potential for significant returns, making it an exciting time for both seasoned and new investors.