The decentralized finance analytics platform DefiLlama has decided to delist perpetual futures volume data from the Aster decentralized exchange (DEX) due to concerns regarding its data integrity. This information was shared by 0xngmi, a co-founder of DefiLlama.

According to reports, the trading volume on Aster is currently almost perfectly aligned with that of Binance’s perpetual volumes. 0xngmi noted that the correlation ratio between the trading volumes of both platforms stands at an astonishing 1. He remarked:

“Aster doesn’t make it possible to get lower-level data, such as who is making and filling orders, so until we can get that data to verify if there’s wash trading, Aster perpetual volumes will be delisted.”

Cointelegraph attempted to reach the Aster team for comments, but did not receive a reply by the time this article was posted.

Aster has recently gained traction as a competitor to Hyperliquid in the decentralized perpetual crypto futures market, especially following its connections to CZ of Binance and the growing popularity of Hyperliquid.

A detailed analysis of Aster DEX against Binance’s volumes has been published, highlighting significant market activities.

Analysts are curious whether Aster could surpass Hyperliquid, particularly after observing a record surge in open interest on Aster, which increased by over 33,500% in under a week around September 24. The daily trading volume on September 25 reached an unparalleled peak of $60 billion, as verified by DeFiLlama.

This dramatic increase is attributed to Aster’s rising prominence, distinguishing itself in the competitive crypto space.

Market analyst Marcell predicted potential growth for Aster’s token, which is currently priced at approximately $1.83, down from a previous high of over $2.30. He hinted that the token could see a rise by as much as 480% in the coming months.

Analysts speculate that Aster’s token might rally further in October, historically a favorable month for cryptocurrency prices.