TLDR
- Aster was reinstated on DefiLlama despite the team calling its data a black box.
- DefiLlama cannot verify Aster’s past data or confirm the legitimacy of trades.
- Aster now tops 24-hour and 7-day volume charts despite historical data gaps.
- Missing data prevents accurate tracking of Aster’s long-term market trends.
The decentralized exchange Aster has quietly reappeared on DefiLlama after being removed weeks earlier due to disputed trading data. Its silent relisting was noticed by industry participants, with concerns quickly resurfacing over missing historical information. While Aster’s metrics are now live again, large data gaps remain. These missing records have sparked renewed questions about transparency, verification, and the role of data providers in the DeFi ecosystem.
Aster Reinstated Without Public Announcement
DefiLlama, a well-known DeFi analytics platform, recently reinstated Aster without a formal announcement. The move came weeks after the exchange was delisted due to concerns over the validity of its trading data.
The relisting was flagged by Dragonfly managing partner Haseeb Qureshi on X. He pointed out the absence of historical data and questioned if the exchange’s trading figures were now legitimate. DefiLlama’s pseudonymous founder, “0xngmi,” replied, saying, “We still can’t verify the numbers. It’s a black box.” He added that the Aster team had asked for the relisting as the DefiLlama team works on a new system that will include additional metrics.
According to 0xngmi, the new system could take some time to complete. In the meantime, Aster was reinstated despite unresolved issues related to data transparency.
Data Verification Still Unclear
Two weeks before the relisting, DefiLlama removed Aster from its platform. This followed internal reviews that found inconsistencies in the DEX’s onchain trading data. DefiLlama was unable to confirm whether Aster’s reported volumes reflected actual trading or wash trades.
“Right now, it’s not possible to see who is making and filling orders,” 0xngmi explained earlier this month. This lack of access prevents clear separation of real trades from manipulated volume.
These limitations triggered broader concerns about how decentralized data platforms operate. Some Aster supporters said that removing the DEX without full proof showed centralized decision-making. Others questioned the credibility of Aster’s trading performance.
Gaps in Historical Data Affect Long-Term Analysis
While Aster is once again visible on DefiLlama, historical data gaps remain. These gaps affect trend analysis, performance comparisons, and other data-driven insights that require consistent records.
Traders, analysts, and model builders who rely on DefiLlama’s dashboards can no longer track Aster’s past performance. Key sections like fee revenue, market share, and long-term volume charts have been reset, making longitudinal comparisons unreliable.
Despite this, Aster currently ranks at the top in 24-hour and 7-day perpetual volume charts. It is followed by exchanges like Hyperliquid and Lighter. However, without historical context, it is difficult to gauge whether Aster’s recent performance is consistent or sudden.
Platform Response and Future Updates
DefiLlama has stated that it is working on a more advanced system to improve data reliability. The planned update will include a wider set of metrics aimed at offering more context around reported trading activity.
Until that system is launched, DefiLlama is allowing projects like Aster to remain listed, even if all past data cannot be verified. The decision reflects the challenges DeFi data platforms face when trying to balance accuracy, access, and platform neutrality.
Although Aster’s team requested the relisting, the current state of its dashboard shows that key data is still missing. For now, users can view live data, but should be aware that any metrics before the relisting date are incomplete or unavailable.
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