XRP Volumes on Aster DEX Mimic Those on Binance, Raising Questions About Market Frenzy

XRP Volumes on Aster DEX Mimic Those on Binance, Raising Questions About Market Frenzy


Crypto data giant DefiLlama earlier today pulled Aster’s perpetuals data from its tracking page after spotting XRP trading volumes that mirrored those on Binance almost tick-for-tick, raising doubts about how the newest DEX challenger was reporting activity.

If a new exchange can mirror Binance volumes too closely, it raises a question of how much of the demand is real and whether leaderboards tell the whole story.

STORY CONTINUES BELOW

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