Kakaretso ea AI
- Aster DEX, eo pele e neng e tsejoa e le APX Finance kapa ApolloX, e hlahile e le phetoho e kgolo sebakeng sa DeFi, e feta bahlolisani ba kang Hyperliquid ka bongata ba kgwebo le lekeno.
- E fana ka mokhoa oa ho qala ka selefouno le likarolo tsa morao-rao tse kang ts'ebetso ea liketane tse ngata ntle le borokho le ts'ireletso ea MEV, Aster e beha maemo a macha bakeng sa phapanyetsano e arotsoeng ka thoko.
- Moralo oa eona oa boemo ba khoebo o kenyelletsa taolo ea ts'ebetso, ho latela melao ho ka fetoloang, le ho ba le chelete e ka boleloang esale pele, ho hohela barekisi ba mekhatlo ba batlang boinotši le ts'ebetso e ntle ea lichelete.
- Ho ntshetsa pele DEX ya setaele sa Aster, dikgwebo di lokela ho tsepamisa maikutlo hodima meralo ya motheo ya kgwebo, ditsamaiso tsa ho kenya tjhelete, tshireletso, bokgoni ba ho hola, boiphihlelo ba mosebedisi, puso, ho latela melao le tshebediso ya token.
- Antier e fana ka meralo ea motheo ea DEX e tsoetseng pele ea leibole e tšoeu ho nolofatsa le ho fokotsa litšenyehelo tsa ho aha phapanyetsano e kang ea Aster.
Aster DEX, eo pele e neng e le APX Finance kapa ApolloX, ke khothatso ho e mong le e mong ea nang le toro ea DeFi, e ba hopotsang hore ba ka sebelisa buka ea ho bapala ea pula-maliboho 'me ba ntse ba e hlōla papaling ea bona. Leha Aster e na le meaho e ikhethang ea botekgeniki, e nka boiphihlelo ba khoebo ba Hyperliquid ba CEX, "points-to-airdrop", "kotulo ea 'nete", le tokenomics, le mokhoa oa pele oa mobile.
Leonard, CEO oa Aster, o boletse boloko...
"Hyperliquid e butse kelello ea motho e mong le e mong hore o ka qothisana lehlokoa le phapanyetsano e bohareng. Kajeno, libapali tsohle tse kholo tsa li-crypto li iketsetsa buka ea tsona ea DEX. Bybit e sebetsa ho e 'ngoe,' me bahlankana ba Ex-FTX ba etsa e 'ngoe. Re ntse re etsa e 'ngoe ho BNB Chain ecosystem."
Ka Loetse, Aster e ile ea otla Hyperliquid ka bongata ba khoebo ea letsatsi le letsatsi le lekeno la litefiso. Bukana e ntseng e tsoela pele ea li-odara e sa feleng ea DEX e fetisitse letšoao la khoebo la letsatsi le letsatsi la $ 100B ha Hyperliquid e sa ama $30B hanyane. Ea hlōlang lintoa tsa DEX o bonahala a hlakile haholo ho tloha lirapeng tse ka tlase.
Hyperliquid Daily Perpetual Trading Volume
Aster Daily Perpetual Trading Volume
Ebile eseng feela ka bongata ba khoebo, e bile e etella pele mabapi le lekeno le hlahisoang ke litefiso tsa khoebo.
| Metric | latela boleng ba | mohloli o moholo |
|---|---|---|
| DEX Spot Volume (Q2 2025) | $876B (+25% QoQ) | Tlaleho e holimo ea DEXs |
| Perp DEX Volume (Q3 2025) | $1.8T (ATH) | Derivatives Sector Analysis |
| Institutional DeFi Exposure | 24% → 75% | EY-Parthenon / Coinbase |
| Kakaretso ea DeFi TVL | $123.6B (+41% YoY) | L2 Lipalo-palo tsa ho Amohela |
Kahoo, li-DEX tsa mofuta oa Aster li emela polane e ncha ea ts'ebetso e phahameng ntshetsopele e sa feleng ya DEX ka 2026 le ho feta. Pele re bua ka ts'ebetso ea nts'etsopele ea phapanyetsano ea Aster-joaloka DeFi, ha re buisaneng ka hore na ke eng e etsang hore Aster ea kamehla ea DEX e hlahelle.
Ke Eng e Etsang Hore Aster Perpetual DEX e sebetse?
Aster ha se AMM ea ketane e le 'ngoe kapa buka ea DEX ea ho odara. Ke mochini o rekisoang ka botlalo o etselitsoeng ho fana ka ts'ebetso ea sehlopha sa CEX holim'a motheo o sa tšepahaleng, oa ketane. E ikhetha ka likarolo tse latelang:
- Bridge-less Multi-chain spot le ts'ebetso e sa feleng
- Tšehetso e behang litholoana (LSTs, LRTs, RWAs)
- 100×–1001× matlafatso
- Zk-e sirelelitsoeng, e patiloeng empa e lekoa ka mokhoa oa taelo ea sepheo
- Ts'ebetso e hanyetsanang le MEV e nang le litaelo tse patiloeng
Motheong oa eona, Aster e rarolla litaba tse tharo tse kholo tse holofatsang boholo ba li-DEX kajeno, ho kenyeletsoa mokelikeli o arohaneng, mempool ea sechaba, 'me ho dula butle.
- Multi-Chain Execution Ntle le Borokho
Litsela tsa Aster li hoeba ho pholletsa le tikoloho e kang BNB, Ethereum, Arbitrum le Solana li sebelisa ho rarolla athomo le ho tsamaisa ZK, ho tlohella barekisi ho fumana chelete ka har'a liketane ntle le ho ama marokho a kotsi kapa thepa ea juggling. Enjene ea eona e kopaneng ea mokelikeli e fa barekisi libuka tse tebileng, ho ata haholo, le ho thella ho tlase, ntho eo li-DEX tsa ketane e le 'ngoe li ka li lorang feela.
Biggest Bridge Hacks ea Web3 e kenyelletsa:
- Ronin Bridge, Hlakubele 2022: $ 624 milione
- Poly Network, Phato 2021: $612 Million
- BNB Bridge, Mphalane 2022: $ 566 Million
- Wormhole Bridge, Hlakola 2022: $326 Million
- Nomad Bridge, Phato 2022: $190 Million
Ts'ebetso ea khoebo ea Bridgeless multichain e kentsoeng nakong ea nts'etsopele ea DEX e sireletsa lits'ebetso tsa khoebo ho tsoa ho li-hacks tse joalo.
- Lekunutu la Setsi sa Setheo le Tšireletso ea MEV
Sebakeng sa ho phatlalatsa litaelo tsa phatlalatsa joalo ka DEX e tloaelehileng, Aster, software e etelletseng pele ea phapanyetsano e sa feleng, e li kenya ka ho sebelisa:
- ZK-bopaki: Bakeng sa ho nepahala ntle le ho senola
- Litaelo tse patiloeng: Bakeng sa ho lutla ha zero ka boholo, tataiso, kapa leano
- Li-relay tse patiloeng: Ho tlosa menyetla ea ho phunya mempool
- MEV e hanyetsanang tatellano
Sena se boloka maqheka a profeshenale a le lekunutu ha a ntse a boloka tlhahlobo e felletseng bakeng sa lihlopha tse tsamaisanang le melao, e etsa hore e hohele bahoebi le litsi tsa litsebi.
- Tšebeliso e Ntle ea Motse o Fetang CEXs
Aster e lumella barekisi ho ngola tebeletso e behang litholoana, ho kenyelletsa le ETH e behiloeng, thepa e khutlisitsoeng ka metsi, li-RWA, le matlotlo a tokenized, ho fetola lichelete tse sa sebetseng hore e be capital khoebo e hlahisang litholoana. Eseng sena feela, sethala se boetse se lumella 100x-1001x ho phahamisa, e leng ntho eo esita le li-CEX tsa maoatle li ke keng tsa qothisana lehlokoa le tsona.
- Ts'ebetso e Lebeletsoeng Tlas'a Mojaro
Aster e fana ka ts'ebetso e haufi le CEX holim'a ketane e bohlale ea BNB e sebelisa enjine e tsamaellanang e bapang, tsela e ikemetseng, 'me optimized settlement logic. Setupo sena se qoba mathata a tloaelehileng a mempool ea sechaba 'me se tsoela pele 25,000+ litaelo / motsotsoana, ho fa barekisi ts'ebetsong e tsitsitseng esita le tlas'a molumo o boima.
Leha ho le joalo, Leonard o boletse tsa bona Tloaelo L1 merero nakong ea a sechaba AMA...
"Sepheo sa rona sa hajoale ke ho phethela tlhahlobo ea kahare le tlhahlobo ea testnet bofelong ba selemo sena. Haeba tsohle li tsamaea hantle, re rera ho tsebisa mainnet semolao kotareng ea pele ea selemo se tlang."
Phatlalatso ena e matlafatsa tšebetso mme e boetse e nolofalletsa software ea phapanyetsano ea li-crypto ho hola ka mokhoa o hlakileng ka ho kenya likarolo tse ncha.
- Likarolo Tsa Khoebo Tse Hantle-ntle Tsa Bohlokoa
Meaho ea Aster e fa lihahi lintho tse nepahetseng tseo likhoebo tsa stack li li batlang:
- Taolo ea Phethahatso
Ts'ebetso e nyalisitsoeng ea khoebo ha se ts'ebetso ea lits'ebetso tse arohaneng ka botlalo kapa tse bohareng.
- Customizable Compliance
KYC/AML ea boikhethelo, terata ea geo, limmaraka tsa litsi feela, joalo-joalo, li ka tsamaisoa sebakeng se seng le se seng.
- Mokelikeli o ka Lebelloang
Litsela tse fapa-fapaneng le liphaephe tse tebileng tsa LP li felisa ho arohana.
- Ho Kgetha Lekeno ka ho Otloloha
Litefiso tsohle li phallela polokelong ea matlotlo. Aster o sebelisa e 'ngoe ea chelete eo ho reka li-tokens tsa eona le ho chesa karolo ea li-tokens tseo, kahoo phepelo e fokotsa' me li-tokens tse setseng li fetoha tsa bohlokoa haholoanyane. Karolo e 'ngoe e ea ho putsa ba amehang, bafani ba lichelete, barekisi ba fumanang phaello, botšepehi kapa mananeo a airdrop, joalo-joalo. Enjene ena ea "kotulo ea sebele" e ile ea sutumelletsa chelete ea Aster ho feta litlhōrō tsa letsatsi le letsatsi tsa $25M.
Aster Vs Traditional AMMs Vs CEXs
| Litlhahiso | Mofuta oa Aster Hybrid DEX | Ea setso AMM DEX | Centralized Exchange (CEX) |
|---|---|---|---|
| Latency | Sub-100-ms ts'ebetsong e bapisang | Ho lieha ha nako ea ho thibela ho lieha ka tlas'a tšubuhlellano | Ka potlako; ho tsamaisana le boemo ba microsecond |
| Privacy | Litaelo tse sirelelitsoeng ke ZK, sepheo se patiloeng, phatlalatso e khethiloeng | Mempool ea sechaba ka botlalo; ha ho boinotši ba taelo | Lekunutu le phahameng empa le sa bonahale ka botlalo ebile le bolokoa |
| Botebo ba Mokelikeli | Aggregated cross-chain liquidity + ho teba ha buka ea odara | Matamo a arohaneng; E itšetlehileng ka LP | Mokelikeli o tebileng ka ho fetisisa; taolo e bohareng ea moetsi oa mebaraka |
| Taolo/ Borui | Matlotlo a hlokometsoeng ke basebelisi + infra e laoloang ke khoebo | E hlokometsoe ka botlalo ke basebelisi; taolo e fokolang ya tshebetso | Taolo e felletseng ea sethala; tlhokomelo ea matlotlo a basebelisi |
| MEV Tšireletso | Native MEV e sireletsang + phallo e patiloeng ea taelo | Ha ho MEV tšireletso; e atisa ho hlaseloa ke sandwich | Ha ho MEV empa tatellano ea ka hare e opaque |
| Ho lumellana le ho Fetolana | KYC/AML ea boikhethelo, melao ea geo, limmaraka tsa setheo feela | Ha ho litaolo tsa ho latela melao | E tlamang KYC/AML; stack e feletseng ea ho latela |
| Cross-Chain Settlement | Phethahatso ea liketane tse ngata tsa atomic; ha ho marokho | Ketane e le 'ngoe feela; borokho bo hlokahalang bakeng sa ketane e mengata | Ts'ehetso ea thepa e mengata empa accounting ea off-chain |
| Ts'ebetso ea API | Liphepelo tse sebetsang hantle haholo bakeng sa li-desk tsa HFT/quant | RPC ea motheo; boemo bo tlase ba tlhahiso | Professional-grade FIX/WebSocket APIs |
Mehato ea ho nts'etsopele ea Aster-Style DEX
Litsi li bontša ka ho hlaka hore nts'etsopele ea phapanyetsano ea Aster-style DeFi ke monyetla oa lidolara tse libilione ka 2026.
- Likabelo tsa Crypto li tlohile ho tloha 24% ho isa ho 75% ka 2025.
- Perp DEXs e fihlile $1.8T ho Q3 2025
- DeFi TVL e nyolohetse 41% YoY ho $123.6B
Ho aha DEX e sa feleng e ka qothisanang lehlokoa le Aster ho hloka ho fetang buka ea odara le matamo a lichelete. Likhoebo li hloka meralo e hokahantsoeng, ea maemo a khoebo e kenyelletsang ts'ebetso, chelete ea lichelete, ts'ireletso, ho latela melao le ts'ebetso ea ts'ebetso. Mona ke moralo oo u lokelang ho o latela ha u theha DEX ea mofuta oa Aster ka 2026:
1. Moqapi oa Meralo ea Motheo oa Khoebo
- Enjine ea Phethahatso (Hybrid AMM + Orderbook)
U tla hloka meralo ea lienjine tse peli ho fa basebelisi molemo ka ho fetisisa lefatšeng ka bophara:
- Buka ea ho odara bakeng sa ho nepahala, lebelo, le likarolo tsa pro-trading
- AMM e khutlisa chelete ea 24/7
- Ts'ebetso e ts'oanang bakeng sa HFT le maano a grid
- Routing logic ho fumana litheko tse ntle ho pholletsa le liketane tse tšehetsoeng
Ona ke ona mohlala o sutumelitseng Hyperliquid nakong e fetileng ea $898B+ ea kotara ea kotara. Aster o e phethile hantle feela.
- Liquidity System Design
Sekhahla sa Aster-grade liquidity se kentsoeng nakong ea Ntlafatso ea DEX e hloka likarolo tse ngata tse sebetsang hammoho:
- Maemo a mangata a lichelete
- Li-deposit tsa lehlakore le le leng
- Litšusumetso tsa Dynamic LP tse ipapisitseng le maemo a mmaraka
- Ho leka-lekanya ka boiketsetso ho tsitsisa botebo ba letamo
- Li-vaults tse etsang mebaraka kapa lienjineri tse nang le sepheo sa lichelete
Sistimi ea "Rocket Launch" ea Aster e fihlile pele ho $340M TVL, e pakang hore mohlala oa sebetsa.
- Smart Contract Modules
Sehlopha sa hau se bohlale sa konteraka se tlameha ho ba:
- E hlahlojoe
- E ikhethang
- Ntlafatsa- bolokehileng
- E netefalitsoe ka molao
Li-module tsa bohlokoa li kenyelletsa:
- Enjene ea phetoho
- Matamo a metsi
- Perp enjene (chelete, ho felisoa, meeli ea kotsi)
- Kabo ea litefiso le meputso
- Likamano tsa puso
- Ntlafatsa liloko tsa nako
Netefatso e hlophisitsoeng esale e fokotsa kotsi ea tšebeliso e mpe ka ~ 70%. Ho bohlokoa bakeng sa nts'etsopele ea phapanyetsano e phahameng ea perp DeFi.
2. Haha Lera la Ts'ebetso ea Off-Chain
Software ea Aster-style decentralized crypto exchange e hapa hobane lits'ebetso tsa eona tse kantle ho ketane li ntlafalitsoe bakeng sa lebelo le mojaro oa setheo:
- Enjene e tsamaisanang e nang le latency ea <100ms
- Litemoso (Pyth, Chainlink) bakeng sa ho nepahala ha theko
- Li-index ho latela boemo ba ketane e mengata
- Liphaephe tsa litlhahlobo bakeng sa phihlello ea bongata le HFT
- Setheo sa API (FIX/WebSocket)
DEX infra e ile ea sebetsana le likopo tse 158B+/khoeli ka 2025, kahoo mokokotlo oa hau o tlameha ho etsoa enjene ea ho hola ho ea holimo.
3. Phethahatsa Moralo o Felletseng oa Tšireletso
Litlhahlobo tse felletseng tsa ts'ireletso ($25K–$150K) li thibetse ~85% ea litlelase tsa tšebeliso e mpe tse bonoang ka 2025.
4. Moralo bakeng sa Scalability & Performance
Ho tsamaisana le karabelo ea Aster, likhoebo tse rerang nts'etsopele ea phapanyetsano ea Aster-DeFi e tlameha ho shebisisa:
- 25,000+ TPS bokhoni
- 70–100ms latency ea ts'ebetso
- Mohlala oa khase ea modular
- Ho fokotsa boemo le ho boloka caching
- Cross-chain routing e lulang e tsitsitse tlas'a mojaro
Mokhoa o kopaneng oa Aster o se o pakile hore ts'ebetso ea ketane e mengata e ka feta li-DEX tsa ketane e le 'ngoe.
5. Haha Phihlelo ea Mohoebi-Pele ea Mosebelisi
Theknoloji ha e nke tlotla bakeng sa katleho ea eona ea bohlokoahali. E hlotse ka lebaka la UX:
- Tšehetso ea Wallet (Trust Wallet, MetaMask, OKX, Coinbase Wallet)
- Ho ntšoa ha khase bakeng sa ho palama habonolo
- Litlhophiso tsa mobile-pele
- Likopano tse phehellang le li-biometric
- Litaelo tse bohlale, khoebo ea kopi, litlhokomeliso
- Lipono tse hloekileng tsa PnL/portfolio
Aster e bonts'a UX ea profeshenale ha se "ntho e ntle ea ho ba le" empa e bohlokoa bakeng sa enjine ea hau ea khoebo.
6. Theha Puso, Tšebelisano & Tšebeliso ea Token
- Token Utility eo Ha e le hantle ea Bohlokoa
Letšoao la hau le tlameha ho ba le likarolo tsa 'nete:
- Kabelo ea litefiso
- Ho fumana meputso
- LP likhothatso
- Puso
- Ho reka le ho chesa
- Vault e matlafatsa
Joalo ka ha ho boletsoe kaholimo, mofuta oa "kotulo ea 'nete" o ne o busitse 2025, ka 50%+ tokens e fetohela ho mesi e hlahisoang ke basebelisi.
- Puso ea Mehaho
Amohela moralo oa DAO-lite:
- 4–7 signer multisig
- Ho vouta joalo ka senepe
- Hlakola meeli ea ntlafatso
- Likomiti tsa karabelo ea maemo a tšohanyetso
Puso e potlakileng ha se puso e mpe ka 2025. Aster o pakile sena, mme o lokela ho e isa pele ka 2026.
- Compliance Stack
Morero o ntseng o tsoela pele oa nts'etsopele ea DEX o tlameha ho beha melaoana ho fapana le ho e ngola ka thata. Tsena ke lithuto ho tsoa ho pula-maliboho ea ntseng a tsoela pele:
- Terata ea majoe
- KYC/AML ea boikhethelo
- Limmaraka tsa litsi feela
- Melao ea lethathamo e thehiloeng leanong
- Jurisdiction-aware onboarding
Mekhatlo e nolofalletsang KYC ea boikhethelo e ile ea phahamisoa ho 40%+ ho tsoa mekhatlong.
- Ecosystem Integration
Balekane ba bohlokoa ba kenyelletsa:
- chelete
- marokho
- Lithapo tsa ho bulela/ tima
- Baetsi ba limmaraka
- Barekisi
- Balekane ba Quant API
Leano lena la kopanelo-pele le thusitse Aster tshebetso $393B+ pokello ea molumo ka nqane ho diketane.
Litšenyehelo tse Hakantsoeng tsa Kaho le Nako ea Nts'etsopele ea DEX ea Aster ka 2026?
Software ea Aster-style decentralized exchange e etselitsoeng ho sebeletsa libaka le mebaraka e tukang e sa feleng e ka bitsa kae kapa kae ho tloha ho $300k ho isa ho $2M. Leha ho le joalo, o ka sebelisa lisebelisoa tse tsoetseng pele tsa leibole tse tšoeu tsa Antier 'me oa fokotsa litšenyehelo le nako ea ho romelloa haholo.
Nako e Hakantsoeng Bakeng sa Nts'etsopele ea Hao ea Aster-Joaloka DEX:
- Likhoeli tse 6: Spot + AMM + testnet
- Likhoeli tse 9: Perps + multi-chain + beta
- Likhoeli tse 12: Lebasetere le felletseng la DEX + compliance + mainnet
Qala DEX ea hau e kang ea Aster ka Antier
Aster e hlotse hobane e phethile hantle ho feta mang kapa mang. Ka k'hamphani ea nts'etsopele ea DEX e tšepahalang, le uena u ka e etsa.
Aster o ile a paka hore a software ea decentralized crypto exchange e ka ikutloa joaloka CEX, e lekana le sethala sa maru, 'me e ntse e lula e se na tšepo motheong oa eona. Ha ho makatse hore ebe khoebo e 'ngoe le e' ngoe e tebileng ea crypto e batla ho etsisa mokhoa oo.
Haeba u ikemiselitse ho theha DEX e sa feleng ea mofuta oa Aster ka 2026, buka ea ho bapala e hlakile:
Iketsetse karolo ea ts'ebetso e nyalisitsoeng, beha pele boinotšing le ts'ebetso, hahela mekhatlo ntle le ho tela boleng ba DeFi, 'me u e tšehetse kaofela ka moruo o hlahisang litholoana tseo barekisi ba hlileng ba li tsotellang.
Haeba o hloka molekane ea seng a rometsoe li-DEX tsa boleng bo holimo, lienjine tse sa feleng, li-vaults tsa LP, le meaho e mengata ea liketane, Antier e ikemiselitse ho kenella. Re thusa likhoebo ho haha lisebelisoa tsa phapanyetsano tse sebetsang boemong ba Aster, kapa tse fetang ho tsona, ka ho latela melao, scalability, le ts'ireletso e entsoeng ho tloha letsatsing la pele.
Lipotso Asked hangata
01. Aster DEX ke eng mme e fapana joang le li-DEX tsa setso?
Aster DEX, eo pele e neng e tsejoa e le APX Finance kapa ApolloX, ke sethala se felletseng sa khoebo se fanang ka ts'ebetso e ts'oanang le CEX holim'a motheo o sa tšepahaleng, oa ketane, o ikhetholla ho li-DEX tsa setso tse nang le likarolo tse kang ts'ebetso ea ketane e se nang borokho le ts'ehetso e fanang ka lihlahisoa.
02. Aster DEX e sebelitse joang ha e bapisoa le Hyperliquid?
Ka Loetse, Aster DEX e ile ea feta Hyperliquid ka bongata ba khoebo ea letsatsi le letsatsi le chelete ea litefiso, e fihletse chelete e fetang $100 bilione ka khoebo ea letsatsi le letsatsi ha Hyperliquid e fihlile ho $30 billion.
03. Ke lintlha life tsa bohlokoa tse etsang hore Aster DEX e hlahelle sebakeng sa DeFi?
Aster DEX e hlahella ka lebaka la ts'ebetso ea eona e se nang borokho e se nang borokho, ts'ehetso bakeng sa tebeletso e behang chai, likhetho tse phahameng (100 × -1001 ×), phallo e sirelelitsoeng ea zk, le ts'ebetso e hananang le MEV, e sebetsanang le litaba tse kholo tse tobaneng le boholo ba DEX kajeno.
