Aster Delisted from DeFiLlama Dashboards Amid Volume Concerns — Is a Selloff Next?

Table of Contents

  1. Red Flags: Volume Patterns Erode Trust
  2. Airdrop Overhang: $570M Unlock Could Fuel Volatility
  3. Technical Breakdown Confirms Bearish Pressure
  4. Traders Exit Amid Market Uncertainty
  5. Strategic Visibility Under Pressure — How Outset PR Reshapes Communications in Volatile Cycles
  6. Conclusion: Rebuilding Confidence Requires More Than Price Action

Aster is facing a crisis of confidence. On-chain analytics platform DeFiLlama removed the project from its dashboards after identifying an alarming pattern: Aster’s reported perpetual trading volumes appeared almost perfectly correlated with Binance’s, raising suspicions of volume mirroring or artificial inflation.

This delisting not only damages Aster’s credibility but also comes at a time of extreme market sensitivity. Retail and institutional traders alike are reassessing their exposure, wary of inflated data and the potential for manipulative metrics.

These concerns extend beyond the token’s fundamentals—they bleed into how projects present themselves in the public eye. In such high-stakes situations, storytelling and transparency are vital. Agencies like Outset PR, which use real-time media analytics, specialize in rebuilding trust and guiding visibility during turbulent times. Their workshop-style PR model helps crypto teams position authentically while navigating unpredictable market cycles.

Red Flags: Volume Patterns Erode Trust

Aster had previously ranked among the top decentralized exchanges by reported trading volume. That status, however, is now under scrutiny. The striking alignment of Aster’s volumes with Binance’s—without sufficient third-party verification—suggests artificial activity, and has led DeFiLlama to distance itself from the project.

For traders, this signals a breakdown in transparency. Without credible data or reliable liquidity depth, confidence quickly evaporates, and sell pressure accelerates.

Airdrop Overhang: $570M Unlock Could Fuel Volatility

To make matters worse, Aster is on the cusp of a major unlock. The Phase 2 airdrop, scheduled for October 10, will release 320 million ASTER tokens directly into the market.

Crucially, these tokens come with no lock-up period, meaning recipients can sell immediately. This unlock follows a 10% price drop on October 6, coinciding with DeFiLlama’s initial report.

Historical precedent is not encouraging. 

A similar unlock in September triggered a 25% correction, as recipients rushed to cash out. With only 21% of the total 8 billion ASTER tokens currently in circulation, additional supply threatens to overwhelm current demand.

Technical Breakdown Confirms Bearish Pressure

Source: coinmarketcap  

The charts mirror the growing uncertainty. ASTER has broken below its $1.80 support level — a zone that previously triggered strong rebounds of 15–35%. But this time, momentum appears absent.

Key signals include:

  • 7-day RSI at 64.26, indicating momentum is neutral and could turn lower.

  • MACD histogram has flattened, highlighting a lack of conviction from bulls.

If price action closes below $1.60 (0.618 Fibonacci retracement), technical traders warn that $1.25 becomes the next likely support, signaling a potential cascading selloff.

Traders Exit Amid Market Uncertainty

The response has been swift. Both retail and institutional traders are exiting positions, citing a mix of airdrop-driven dilution, questionable volume legitimacy, and weak technical structure.

Unless Aster can rebuild trust, clarify its data integrity, and present a more transparent narrative, the ASTER token may continue facing significant downside pressure in the near term.

Strategic Visibility Under Pressure — How Outset PR Reshapes Communications in Volatile Cycles

Crises like Aster’s underscore the importance of clear communication, credible visibility, and trust-building messaging. This is where Outset PR’s model becomes essential.

Founded by crypto PR expert Mike Ermolaev, Outset PR doesn’t offer generic placements. Instead, it builds campaigns like a workshop — integrating each project’s identity into the real-time media landscape, using performance analytics to inform every strategic move.

From tier-1 journalist pitching and data-backed syndication mapping, to crafting editor-ready content with SEO and brand alignment, Outset PR ensures that even in moments of reputational stress, Web3 projects don’t disappear from the conversation—they own it.

If PR has ever felt like a black box, Outset PR flips the script. Every media decision is verified by performance data, and every client experience feels tailor-built from the inside.

For any early-stage token entering rough market waters the difference between panic and presence could come down to whether the story is told strategically and transparently.

Let Outset PR Tell Your Story With Verifiable Impact 

Conclusion: Rebuilding Confidence Requires More Than Price Action

Aster’s delisting from DeFiLlama, paired with an imminent $570M airdrop and waning technical strength, paints a fragile short-term outlook. The onus is now on the project to clarify its metrics, regain credibility, and re-engage its community with honest, transparent messaging.

Visibility is no longer just about price—it is about positioning, narrative control, and strategic timing. As the market grows more discerning, agencies like Outset PR help ensure that projects not only recover but reposition with purpose.

You can find more information about Outset PR here:

Website: outsetpr.io

Telegram: t.me/outsetpr 

X: x.com/OutsetPR 

 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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