Aster CEO Leonard has unveiled a new hybrid decentralized exchange (DEX) that integrates features from centralized exchanges (CEX) with the transparency of decentralized platforms. The DEX, formed by merging Apollox and Astherus, offers a trading experience similar to GMX with a professional mode akin to Hyperliquid. Operating on a private Aster Chain Beta, the platform is set for a public launch in Q4.
The new DEX aims to attract CEX users by offering tokenized staking and hidden orders to protect traders, while ensuring transparency and self-custody. Aster plans to launch its token on September 17 to facilitate value redistribution. Leonard anticipates that 3-5 professional DEXes will succeed without internal competition.
Aster CEO Launches Hybrid DEX Combining CEX Features with DEX Transparency
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