Simply put, @Aster_DEX created Aster Chain because they realized that current public chains aren’t really suitable for large-scale and professional trading. On-chain orders right now are basically running naked—how much position you take, at what price, and when you enter the market, all of it is visible to bots and whales. The result? Front-running, targeting, and slippage eating up your profits. For institutions and big funds, this is almost unusable. The first thing Aster Chain solves is hiding trades. Using zero-knowledge and privacy tech, others can’t see your positions or order details, but the results are still verifiable. It’s kind of like turning an on-chain DEX into a dark pool—safer funds, cleaner trades. 2️⃣ Speed and cost. When it comes to perpetual contracts, being slow and expensive is a dealbreaker. General-purpose public chains have to cater to too many use cases, and DEXs are just one of them. Aster Chain is built specifically for trading, with the goal of high TPS, low gas fees, and millisecond-level execution, making the experience closer to a CEX. No more waiting forever for a single transaction or dealing with unstable fees. 3️⃣ It’s about focus. Aster doesn’t aim to do everything on this chain. It’s not trying to be a jack-of-all-trades public chain. Instead, it’s laser-focused on one thing: taking decentralized trading to the next level. This includes private orders, high leverage, professional trading modes, and deep integration with the ASTER token, staking, and governance. No distractions. At its core, it’s about reducing MEV and front-running. By using a dedicated execution environment and hidden orders, they aim to minimize MEV, or even eliminate it, so that real traders—not bots—can benefit. This is the kind of experience professional traders have always wanted but couldn’t get on-chain. If you’re always running on someone else’s chain, you’re at the mercy of their fees, execution environment, and asset efficiency. By building their own L1, Aster can integrate gas fees, protocol revenue, and collateral asset systems. For example, yield-bearing assets like asBNB and USDF can be directly used as margin, improving capital efficiency and making the protocol itself more independent. Overall, by controlling the underlying infrastructure, Aster is aiming to dominate the Perp DEX space. They’re taking a differentiated route with privacy and performance, with the goal of becoming the ultimate Perp DEX. Right now, Aster Chain is still in the testing phase. In the short term, it’ll run on multiple chains in parallel, but the direction is already clear. @cz_binance, have you applied to test the Aster public chain yet? I already have access and am trying it out!