Aster, a decentralized derivatives trading platform, announced plans to develop a privacy-centric Layer 1 blockchain during a community AMA on November 10, 2025. CEO Leonard detailed the company's vision to replicate the centralized exchange experience on-chain, emphasizing the need for a blockchain that integrates order book logic and privacy features. The new L1 blockchain is slated for internal testing by the end of 2025, with a mainnet launch expected in Q1 2026. The platform also introduced several new features, including hidden orders, a buyback system, spot trading, and stock and index perpetuals. Leonard underscored the significance of privacy for institutional traders and outlined the economic model of the L1, which promises near-zero gas fees and incentives for validators and stakers. The AMA further discussed token utility, liquidity strategies, and plans for global expansion.