Aster launches hidden order function: orders are invisible, and advantages are revealed

Aster, a new generation of decentralized perpetual contract exchange exclusively invested by YZi Labs (formerly Binance Labs), officially announced today that it will launch an important upgrade feature: Hidden Orders on its professional trading platform Aster Pro.

This function allows users to submit pending orders invisible throughout the process when trading perpetual contracts, avoiding any trading intentions being exposed. As a result, Aster became a perpetual contract DEX natively supporting hidden orders, once again at the forefront of the industry in the field of DeFi innovation.

In Aster Pro, users who choose to hide orders will not display any price, quantity or pending order information on the public order book, but will directly enter the main matchmaking engine and will only appear after the transaction is completed.

“In high-speed, high-confrontational contract trading, being seen is often a disadvantage,” said Leonard, CEO of Aster. “Hidden orders allow traders to achieve truly fully anonymous operations while ensuring privacy, fairness and liquidity.”

Why do decentralized perpetual transactions require hidden orders?

In cryptocurrency trading, whether large-scale transactions can be completed without disturbing the market often determines whether a trader is a novice or a professional. Institutions and senior traders generally rely on advanced execution strategies such as Dark Pool and Hidden Orders to hide intentions and reduce slippage.

Recently, discussions among industry leaders have also focused on a core contradiction in the DEX infrastructure: although transparency builds trust, it also exposes large-scale traders to various "hunting" tactics in real-time visible order books. This also highlights an increasingly obvious need: a decentralized and sustainable market urgently needs a solution that takes into account privacy and market integrity, which can not only prevent jumping and trading exploitation, but also prevent market equity.

In fact, in centralized exchanges, high-frequency or large-scale traders have long relied on dark pools or icebergs to hide their intentions, but both have their own shortcomings:

• Dark Pool: Completely invisible and will not affect the main market, but due to the use of independent order books, liquidity fragmentation will usually be caused, and the transaction rate will be low.
• Iceberg Orders: On the surface, anonymous and can use main market liquidity, but it still exposes some order quantity each time, and the transaction intention is easily snooped.

Hidden orders are a unified solution that was born to solve this series of problems:

• 🔒Full Privacy: Pending orders remain completely invisible before transactions are completed, and no key prices or intentions are disclosed
• 🕶 Concealed execution: Reduce slippage in high-volatility markets and prevent jumping
• 🔄Integrated liquidity: Directly integrate with the main matching engine, do not disperse liquidity, and maintain tight price difference
• ⚡High-speed transaction: faster execution than iceberg orders, without any trace of "afterimage"

Born for privacy, set for advantages

The hidden order function launched by Aster Pro is native support implemented on the decentralized perpetual contract trading platform. This is not only a product upgrade, but also an attitude declaration: Aster leads the market with product innovation and creates industry standards with hard work.

By hiding orders, traders can:

• Defensive key prices without being noticed
• Secretly build positions or close large positions, avoiding rush and hedging
• Execute transactions completely anonymously while enjoying Aster's highly aggregated order book liquidity

In a market environment where "whoever is exposed first, who suffers first", Aster helps traders control their rhythm and destiny.

Reshape new standards for perpetual transactions on the chain

This launch once again consolidates Aster's position as the industry leader in perp DEX: not only the world's forefront of transaction volume, but also continues to make continuous breakthroughs and innovations in product experience, execution quality and user-oriented design.

From launching a convenient registration experience with email login , to launching the privacy-protected ZK Layer1 - Aster Chain Beta, and now hidden orders, Aster continues to focus on users and continuously raises the upper limit of DeFi.

And when other platforms are busy imitating centralized tools, Aster is more concerned about how to establish a real protection mechanism for users:

• Privacy: Deep privacy protection with the help of zero-knowledge proof (ZK) technology
• Fairness: Ensure fairness of the transaction environment through anti-MEV architecture
• Take control: Take the initiative through professional tools such as hidden orders and native order books

We are not only building products, we are reshaping the possibilities of on-chain transactions – fast, fair, private, and powerful.

About Aster

Aster is a new generation of decentralized perpetual contract exchange for all users. Users can realize one-click, MEV-free trading through simple (Simple) mode, with a maximum leverage of up to 1001 times (supports BNB Chain and Arbitrum), or use professional trading tools including hidden orders (supports BNB Chain, Ethereum, Solana and Arbitrum) through professional (Pro) mode. Aster Chain is a high-performance blockchain designed for order book transactions, supporting private, unmanaged on-chain matching mechanisms. Aster is strategically powered by YZi Labs and is committed to building the core infrastructure of the future DeFi: fast, flexible, community-first.