extremely bullish dat were so early to its development
Aster is NOT L2 nor a L1 blockchain, it is a 100% CEX.
just imagine if CEX used WalletConnect for sign-ups instead of email or other web2 stuff,
that's Aster.
unlike Hyperliquid, Aster has no validators, consensus, blocks, explorers, or anything related to the blockchain tech.
they claim to be a DEX, but that’s misleading.
deposits are handled through smart contracts across several chains,
and sign‑ins use crypto wallet via ERC‑4361 signature, just like on Axiom or Polymarket.
but NOTHING else is executed onchain.
every trade happens on their Web2 server, somewhere in CZ's basement.
usage of smart contracts is only limited to deposits to their CEX.
execution doesn’t rely on smart contracts or decentralized infrastructure AT ALL.
their own documentation even admits the blockchain isn’t live yet and is still “coming soon.”
good luck trading on Binance's pet CEX.
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