Aster’s Fake Volumes: Crypto’s Wildest Scam Yet? 💸

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In the dusty plains of the DeFi frontier, where dreams of riches flow like some endless river, the Aster folks found themselves cornered like a coyote in a roundup. Prominent traders and analysts, them sharp-eyed types who’ve seen more double-crosses than a sheriff’s badge, hollered that this decentralized perpetuals exchange was puffing up its trading volumes with smoke and mirrors, just to strut prouder afore its big arrival on Binance‘s stage. And lo, DefiLlama, that watchful platform, yanked Aster off its charts faster than a bootlegger skirts the law, snarling how them trades looked mighty peculiar, mimicking Binance’s numbers like a cheap knockoff watch. 😂

Over on X, the good people were railing like preachers at a tent revival, tearing into Aster for cookin’ the books to seem all respectable. “Aster volumes bein’ phony as a three-dollar bill? That’s just crypto’s crime lords fleecin’ the fools again!” barked trader 0xSisyphus, paintin’ it as the sorry state of a market bought and traded like old cattle. Others, like @knveth, smirked and shrugged, wonderin’ why anyone’s jaw dropped, sayin’ “Fakin’ the books? Always been Aster’s crooked game!” Sarcasm drippin’ like summer sweat, they rolled their eyes at the audacity. 💀

We joke a lot about crime in crypto, but Aster volumes being more or less totally fake (and that there is even some kind of debate about this) exposes that many in crypto are bought and paid for by serious financial criminals, many of whom served jail time

Hyperliquid

– Sisyphus (@0xSisyphus) October 6, 2025

Why is Aster faking its volume so surprising for everybody? 💀

– knv (@knveth) October 5, 2025

DefiLlama’s boss, @0xngmi, spilled the beans on why they booted ’em: no peep into the real guts of them trades. “Can’t see who’s buyin’ and sellin’,” he grumbled, callin’ it the gospel sign of insiders washin’ each other’s hands in rigged loops. Ah, the irony, like watchin’ a wolf herd sheep. 😉

All this ruckus burst forth the very day after Binance gave the nod, listin’ Aster’s tickers on its Spot Market-ASTER/USDT, ASTER/USDC, and ASTER/TRY, like invitin’ a stranger to supper. Came after weeks of tradin’ whirlwinds and a price jump skyward by 7,000%, makin’ Aster shimmer like a beacon in the DeFi dark, till now it’s threatenin’ to fizzle out.

Backed by YZi Labs, Aster had whooped it up over toppin’ a billion in total value locked and snaggin’ 330,000 users in a blink of an eye, posin’ as a rival to the likes of Hyperliquid and dYdX, braggin’ deep pools of liquidity and a warm welcome for newcomers. But somehow, them allegations crept in like a dust storm, questionin’ if the surge was just hype ahead of the Binance dance, or plain old tricks.

Yet, Binance stood its ground, sayin’ it all passed muster by their rules, and they keep tabs on shenanigans. This spat lays bare the old feud ‘twixt centralized barns and decentralized roamers, where them projects inflate their bluster to look bigger than the sky. Defenders swear it was real fever pitch, while doubters sniff manipulation hidin’ behind foggy data. Oh, the humor in it all-Aster’s mountain-climbin’ rise now teeters on provin’ its wares are solid, else it’s just another ghost town legend, where buzz outsells truth every time. 😏

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2025-10-06 21:44