Aster Unveils Zero-Gas, Privacy-Focused Blockchain for DeFi Traders
Leonard, CEO of decentralized derivatives exchange Aster, announced plans to develop a public blockchain with zero transaction fees and built-in privacy during a keynote at an event in Jeju, South Korea. The protocol aims to eliminate gas fees entirely while embedding confidentiality features at the base layer—a departure from optional privacy add-ons seen in most chains.
"Our goal is to achieve both transaction efficiency and privacy, creating a seamless experience for users," Leonard told reporters. The design could position Aster as a formidable competitor to centralized exchanges by combining decentralized infrastructure with CEX-like cost efficiency.
While emphasizing full cost elimination isn't guaranteed long-term, the project signals aggressive innovation in DeFi infrastructure. Separately, Aster is expanding into tokenized traditional financial products, bridging gaps between crypto and conventional markets.
