Market Times:

London:

New York:

Singapore:

Loading cryptocurrency data...

Aster Launches Privacy-Focused Blockchain for Derivatives Trading

The Aster network delivers a block time of just 50 milliseconds and can handle up to 100,000 transactions per second.

Aster

Aster has launched a new privacy-focused layer-1 blockchain built for derivatives trading. This launch marks the “Chain Genesis” phase, which is already live. It is the first step in a broader rollout with several important initiatives set to unfold in the coming day

Aster focuses on speed, scale, and privacy. The network delivers a block time of just 50 milliseconds and can handle up to 100,000 transactions per second. Even more, it removes gas fees completely. As a result, traders can execute orders faster and at lower cost.

Aster Prioritizes Speed and Privacy

The platform supports cross-chain deposits. Users can move assets easily from networks like BNB Chain, Arbitrum, Ethereum, and Solana. This flexibility makes onboarding simple and opens the door to more liquidity.

Furthermore, Aster prioritizes privacy by enabling account privacy by default. Every trade is encrypted and verified using zero-knowledge technology. Transactions settle on-chain, but others cannot view them. In addition, each transaction uses a one-time stealth address. This means no one can link a wallet to trading activity.

“Every order is ZK-verifiable encrypted and every transaction routes through a one-time stealth address. Put it another way: there’s no way to link your wallet to your trades. No one can trace, correlate, or reconstruct your trading behavior,” the team stated.

Yet, if needed, users can still prove their activity. Aster offers a “Viewer Pass,” which allows traders to share their transaction history securely with selected parties. Aster enters a competitive derivatives market, but its approach stands out. While most blockchains remain fully transparent, Aster challenges that idea. It proves that trading can be private and still verifiable.

Market Impact 

Notably, the rollout will continue in phases. A partnership announcement is expected soon. Public staking will follow, giving ASTER holders a chance to participate in network security. After that, Aster plans to expand its ecosystem and launch the Aster Code partners program. A brand and user interface upgrade is also on the roadmap.

These steps show a clear growth strategy. Instead of launching everything at once, Aster plans to build momentum gradually. This approach can help attract developers, traders, and institutional users over time.

Meanwhile, its native token has surged over 5% in the last 24 hours currently trading at $0.7573. Trading volume has also exceeded $318 million within the same period, marking a 102.10% increase from the previous day. 

Get Trending Crypto News as It Happens. Follow CoinTab News on X (Twitter) Now

Faith

Faith is a dedicated content writer who is focused on expanding her interest and knowledge about cryptocurrencies and blockchain technology. In her free time, she enjoys listening to music, reading, and traveling.