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

Intermediate6/24/2025, 9:05:06 AM
Hidden orders allow users to trade perpetual contracts without revealing their trading intentions, thereby reducing slippage and market impact.

Large transactions, strike invisibly. Aster’s newly launched “Hidden Orders” feature allows traders to have ultimate privacy and control without exposing their liquidity.

The next-generation decentralized perpetual contract exchange Aster, exclusively invested by YZi Labs (formerly Binance Labs), officially announced today the launch of an important upgrade feature on its professional trading platform Aster Pro: Hidden Orders.

This feature allows users to submit orders in a fully invisible manner when trading perpetual contracts, avoiding the exposure of any trading intentions. With this, Aster has become the world’s first decentralized exchange (DEX) for perpetual contracts to natively support hidden orders, once again leading the industry in the field of DeFi innovation.

In Aster Pro, users who choose to hide their orders will not have any price, quantity, or order information displayed on the public order book. Instead, their limit orders will go directly into the main matching engine and will only be visible after a transaction is completed.

“In high-speed, high-confrontation contract trading, being seen is often a disadvantage,” said Aster CEO Leonard. “Hidden orders allow traders to achieve true full anonymity while ensuring privacy, fairness, and liquidity.”

Why do decentralized perpetual trades need to hide orders?

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

Recently, discussions among industry leaders have also focused on a core contradiction in DEX infrastructure: while transparency builds trust, it also exposes large traders to various “hunting” tactics on a real-time visible order book. This highlights an increasingly apparent demand: decentralized perpetual markets urgently need a solution that balances privacy and market integrity, preventing front-running and trading exploitation while maintaining market fairness.

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

  • Dark Pool: Completely hidden and does not affect the main market, but due to the use of an independent order book, it can lead to fragmented liquidity and typically a lower execution rate.
  • Iceberg Orders: Appear anonymous and can utilize main market liquidity, but will still expose part of the order quantity each time, making trading intentions easy to spy on.

The hidden order was created as a unified solution to address this series of problems:

  • 🔒Complete Privacy: Orders remain fully hidden until executed, without disclosing key prices or intentions.
  • 🕶 Concealed Execution: Reduce slippage in highly volatile markets and prevent front-running.
  • 🔄Integrate liquidity: Direct integration with the main matching engine, maintaining tight spreads without dispersing liquidity.
  • ⚡Fast Execution: Executes faster than iceberg orders and leaves no “residual” trace.

Born for privacy, designed for advantage.

The hidden order feature launched by Aster Pro is the first native support implemented in a decentralized perpetual contract trading platform in the industry. This is not just a product upgrade, but also a declaration of attitude: Aster leads the market with product innovation and shapes industry standards through practical efforts.

By using hidden orders, traders can:

  • Defend key prices without being noticed
  • Quietly building or closing large positions to avoid front-running and hedging.
  • Execute transactions completely anonymously while enjoying the highly aggregated order book liquidity of Aster.

In a market environment where “the first to expose themselves suffers the most,” Aster helps traders take control of their own pace and destiny.

Redefining the new standard for on-chain perpetual trading

This launch further solidifies Aster’s position as a leading perp DEX in the industry: not only is its trading volume among the top globally, but it continues to break through innovations in product experience, execution quality, and user-oriented design.

From the convenient registration experience launched with email login, to the introduction of the privacy-protecting ZK Layer1 - Aster Chain Beta, and now to the hidden orders, Aster continues to be user-centric and constantly raises the ceiling of DeFi.

While other platforms are busy mimicking centralized tools, Aster focuses more on how to establish a real protection mechanism for users:

  • Privacy: Achieving deep privacy protection through Zero-Knowledge Proof (ZK) technology.
  • Fairness: Ensuring a fair trading environment through anti-MEV architecture.
  • Control: Take the initiative with professional tools such as hidden orders and the native order book.

We are not just creating products; we are redefining the possibilities of on-chain trading — fast, fair, private, and powerful. Experience it now.Aster Prothe hidden order feature.

About Aster

Aster is a next-generation decentralized perpetual contract exchange aimed at all users. Users can achieve one-click, MEV-free trading in Simple mode, with a maximum leverage of up to 1001 times (supporting BNB Chain and Arbitrum). They can also utilize professional trading tools, including hidden orders, in Pro mode (supporting BNB Chain, Ethereum, Solana, and Arbitrum). Aster Chain is a high-performance blockchain designed for order book trading, supporting a private, non-custodial on-chain matching mechanism. Aster is strategically supported by YZi Labs and is committed to building the core infrastructure for the future of DeFi: fast, flexible, and community-first.

Statement:

  1. This article is reprinted from [TechFlow] The copyright belongs to the original author [TechFlow] If you have any objections to the reprint, please contact Gate Learn TeamThe team will process it as soon as possible according to the relevant procedures.
  2. Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
  3. Other language versions of the article are translated by the Gate Learn team, unless otherwise mentioned.GateUnder such circumstances, it is not allowed to copy, distribute, or plagiarize translated articles.

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

Intermediate6/24/2025, 9:05:06 AM
Hidden orders allow users to trade perpetual contracts without revealing their trading intentions, thereby reducing slippage and market impact.

Large transactions, strike invisibly. Aster’s newly launched “Hidden Orders” feature allows traders to have ultimate privacy and control without exposing their liquidity.

The next-generation decentralized perpetual contract exchange Aster, exclusively invested by YZi Labs (formerly Binance Labs), officially announced today the launch of an important upgrade feature on its professional trading platform Aster Pro: Hidden Orders.

This feature allows users to submit orders in a fully invisible manner when trading perpetual contracts, avoiding the exposure of any trading intentions. With this, Aster has become the world’s first decentralized exchange (DEX) for perpetual contracts to natively support hidden orders, once again leading the industry in the field of DeFi innovation.

In Aster Pro, users who choose to hide their orders will not have any price, quantity, or order information displayed on the public order book. Instead, their limit orders will go directly into the main matching engine and will only be visible after a transaction is completed.

“In high-speed, high-confrontation contract trading, being seen is often a disadvantage,” said Aster CEO Leonard. “Hidden orders allow traders to achieve true full anonymity while ensuring privacy, fairness, and liquidity.”

Why do decentralized perpetual trades need to hide orders?

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

Recently, discussions among industry leaders have also focused on a core contradiction in DEX infrastructure: while transparency builds trust, it also exposes large traders to various “hunting” tactics on a real-time visible order book. This highlights an increasingly apparent demand: decentralized perpetual markets urgently need a solution that balances privacy and market integrity, preventing front-running and trading exploitation while maintaining market fairness.

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

  • Dark Pool: Completely hidden and does not affect the main market, but due to the use of an independent order book, it can lead to fragmented liquidity and typically a lower execution rate.
  • Iceberg Orders: Appear anonymous and can utilize main market liquidity, but will still expose part of the order quantity each time, making trading intentions easy to spy on.

The hidden order was created as a unified solution to address this series of problems:

  • 🔒Complete Privacy: Orders remain fully hidden until executed, without disclosing key prices or intentions.
  • 🕶 Concealed Execution: Reduce slippage in highly volatile markets and prevent front-running.
  • 🔄Integrate liquidity: Direct integration with the main matching engine, maintaining tight spreads without dispersing liquidity.
  • ⚡Fast Execution: Executes faster than iceberg orders and leaves no “residual” trace.

Born for privacy, designed for advantage.

The hidden order feature launched by Aster Pro is the first native support implemented in a decentralized perpetual contract trading platform in the industry. This is not just a product upgrade, but also a declaration of attitude: Aster leads the market with product innovation and shapes industry standards through practical efforts.

By using hidden orders, traders can:

  • Defend key prices without being noticed
  • Quietly building or closing large positions to avoid front-running and hedging.
  • Execute transactions completely anonymously while enjoying the highly aggregated order book liquidity of Aster.

In a market environment where “the first to expose themselves suffers the most,” Aster helps traders take control of their own pace and destiny.

Redefining the new standard for on-chain perpetual trading

This launch further solidifies Aster’s position as a leading perp DEX in the industry: not only is its trading volume among the top globally, but it continues to break through innovations in product experience, execution quality, and user-oriented design.

From the convenient registration experience launched with email login, to the introduction of the privacy-protecting ZK Layer1 - Aster Chain Beta, and now to the hidden orders, Aster continues to be user-centric and constantly raises the ceiling of DeFi.

While other platforms are busy mimicking centralized tools, Aster focuses more on how to establish a real protection mechanism for users:

  • Privacy: Achieving deep privacy protection through Zero-Knowledge Proof (ZK) technology.
  • Fairness: Ensuring a fair trading environment through anti-MEV architecture.
  • Control: Take the initiative with professional tools such as hidden orders and the native order book.

We are not just creating products; we are redefining the possibilities of on-chain trading — fast, fair, private, and powerful. Experience it now.Aster Prothe hidden order feature.

About Aster

Aster is a next-generation decentralized perpetual contract exchange aimed at all users. Users can achieve one-click, MEV-free trading in Simple mode, with a maximum leverage of up to 1001 times (supporting BNB Chain and Arbitrum). They can also utilize professional trading tools, including hidden orders, in Pro mode (supporting BNB Chain, Ethereum, Solana, and Arbitrum). Aster Chain is a high-performance blockchain designed for order book trading, supporting a private, non-custodial on-chain matching mechanism. Aster is strategically supported by YZi Labs and is committed to building the core infrastructure for the future of DeFi: fast, flexible, and community-first.

Statement:

  1. This article is reprinted from [TechFlow] The copyright belongs to the original author [TechFlow] If you have any objections to the reprint, please contact Gate Learn TeamThe team will process it as soon as possible according to the relevant procedures.
  2. Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
  3. Other language versions of the article are translated by the Gate Learn team, unless otherwise mentioned.GateUnder such circumstances, it is not allowed to copy, distribute, or plagiarize translated articles.
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