Aster, Aster Chain Revealed

Combining Trader Privacy and On-Chain Transparency

Decentralized derivatives exchange Aster announced today the vision of Aster Chain, a next-generation blockchain infrastructure that simultaneously realizes trader privacy protection and on-chain transparency. A recent incident where large traders' positions were exposed, resulting in approximately $100 million in losses, has been cited as an example showing that excessive transparency in decentralized exchange (DEX) structures can pose risks to users.

Aster Chain has introduced Brevis's ZK Proof-of-Proof architecture to verify transaction validity on-chain while ensuring that positions and profit and loss (PnL) are not exposed externally. Order creation and cancellation are transparently recorded, but execution and settlement processes are handled with privacy protection through zero-knowledge proofs (ZKP). This allows users to directly manage their assets while experiencing trading speeds comparable to centralized exchanges.

Aster Chain processes over 150,000 transactions per second with no gas fees. It supports advanced interoperability with BNB, Ethereum, and Solana, and features a Proof-of-Stake Authority (PoSA) consensus structure and ZK-based permissionless withdrawal capabilities that enhance censorship resistance.

Aster plans to build a new decentralized exchange infrastructure through Aster Chain that encompasses transparency, privacy, speed, and asset autonomy.

Choi Joo-hoon joohoon@blockstreet.co.kr