The decentralized finance analytics platform said that perpetual trading volumes on Aster were almost perfectly correlated to Binance volume.
Decentralized finance (DeFi) analytics platform DefiLlama is delisting perpetual futures volume data for the Aster decentralized exchange platform (DEX) due to data integrity concerns, according to 0xngmi, a pseudonymous co-founder of DeFiLlama.
Trading volume on Aster, which is linked to CZ, co-founder of the Binance crypto exchange, is now “mirroring Binance Perp volumes almost exactly,” 0xngmi said, adding that the correlation ratio between Binance and Aster trading volumes is about 1. He continued:
Cointelegraph reached out to the Aster team, but did not receive a response by the time of publication.
