DeFiLlama Delists Aster Amid Suspicious Volume Correlation

DeFiLlama has delisted Aster's perpetual futures trading volumes after co‑founder 0xngmi reported that Aster’s reported volumes mirrored Binance perpetual volumes at nearly a 1:1 correlation across multiple pairs, raising suspicions of wash trading. The analytics platform said it lacks low‑level execution (maker/taker) data needed to verify whether the mirrored activity is wash trading or synthetic replication, so volumes will remain delisted until such data is provided to protect data integrity. The announcement followed Aster's rapid ascent—surging open interest and daily fees that briefly topped competitor Hyperliquid—and coincided with roughly a 10% drop in the ASTER token (from about $2 to ~$1.8). The delisting has split the community, with some accusing Aster of manipulation and others arguing the correlation could reflect legitimate liquidity migration from Binance. Scrutiny of Aster’s transparency has intensified because of reported ties between Aster and Binance co‑founder Changpeng “CZ” Zhao.