Decentralized perpetual exchange (Perps DEX) Aster has launched a new feature called Shield Mode to enable high-leverage trading while protecting users from market exploitation.
The feature directly addresses the "transparency problem" in DeFi, where the visibility inherent in blockchain technology creates vulnerabilities for traders. This transparency enables Maximal Extractable Value (MEV) attacks, where bots and validators profit by reordering or inserting transactions.
Aster is vying for dominance in the perpetual trading market. It recently surpassed Hyperliquid as the largest decentralized perpetuals exchange protocol in September 2025 and currently leads in 24-hour perps volume ($4.95 billion vs. Hyperliquid's $3.17 billion), and 30-day perps volume ($219.85 billion vs. Hyperliquid's $204.35 billion).
Aster views Shield Mode as an "early building block for the privacy features" it plans to explore with Aster Chain. The platform also plans to introduce a Flexible Fee Model soon, offering a commission mode and a Profit-and-Loss (PnL) mode, where users only pay when they profit.
Aster's push for privacy aligns with a growing trend in DeFi, reflecting the recognition that pure transparency can conflict with the practical needs of sophisticated traders.
December 2025, Cryptoniteuae