DefiLlama Relists Aster Perpetual Data With Verification Gaps and Caution Warnings

Over two weeks after delisting Aster’s perpetual data, analytics platform DefiLlama has relisted the fast-rising decentralized exchange, but with certain caveats.

DefiLlama had taken down the Aster platform’s perpetual trading volume data after finding mirrored Binance volumes, triggering fears of wash trading.

DefiLlama Relists Aster: All You Need to Know

DefiLlama took down Aster’s perpetual data in early October amid mirrored Binance volumes, claims that fueled wash trading concerns. The incident had caused a 10% drop in the ASTER price.

However, new findings show that the perpetuals data is back and live on DefiLlama, but with certain limitations. For starters, there is no record of historical data, as well as lapse in making the development public.

“So after the earlier delisting drama, Aster is now back on DefiLlama, but with big gaps in their historical data. It doesn’t seem like the re-listing was ever publicly discussed. Are we good now? Satisfied volume numbers are legit 0xngmi,” one user posed, addressing DefiLlma builder 0xngmi.

According to the DefiLlama builder, however, while Aster data is restored, there remain a lot of lapses, including the ability to verify numbers. This means users should probably exercise caution when dealing with the platform, particularly where Aster is concerned.

“We’re working on a solution that will include other metrics to improve this, but since this might take some time, the aster team asked us to relist them,” 0xngmi explained.

In hindsight, the main issue was that Aster’s trading volumes and Binance perp volumes correlate almost exactly.

The correlation, visible across pairs like XRPUSDT and ETHUSDT, suggested that much of Aster’s activity could be non-organic, possibly generated by the exchange itself.

In accordance with DefiLlama’s strict adherence to data integrity, the platform delisted Aster’s perps until transparency improved.

The decision drew mixed reactions, with some users calling for DefiLlama to keep the data with a warning tag. However, according to 0xngmi, doing so would affect total perp volume metrics.

Notwithstanding, DefiLlama’s move to reinstate Aster even before conditions are satisfied shows the analytics platform is not punishing indefinitely. Rather, they leave a path for Aster to prove itself and potentially regain trust.

Still, the move has had a significant effect on the ASTER token price, which has risen by over 5% in the last 24 hours keeping the DEX token in pace with broader market recovery.

ASTER Price Performance. Source: BeInCrypto

As of this writing, ASTER was trading for $1.20, up by almost 6% in the last day.

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