"If a trade is exposed to the sunlight from the moment it’s initiated, how much value does that strategy still have?" On-chain transparency is the belief of the crypto world, but for professional traders, it’s a nightmare—large positions are monitored in real-time, liquidation levels become public hunting targets, and copy-trading bots replicate your every move. Perp DEX has been shouting for years about replacing CEX, but institutional funds have been hesitant to move on-chain at scale. The core issue isn’t poor user experience—it’s that strategies are put on full display for the entire market. We interviewed @Aster_DEX CEO @Leonard_Aster to talk about how they’re redefining the game with "privacy"