Recently, I have been following the Aster project, and their CEO Leonard is interesting—coming from a TradFi background, he later went all in on the encryption track. What is even more eye-catching is the advisory role played by CZ; this pro's resources and experience should have a significant impact on the project's direction.

Aster's approach is quite clear: rather than going head-to-head with Hyperliquid, they are taking the multi-chain integration route. They want to bring the smooth experience of centralized exchanges to the blockchain, while also adding a layer of privacy protection. In short, it's about finding a balance between user experience and privacy security.

In terms of project progress, the airdrop has entered the fourth phase. The team is still figuring out how to expand the actual use cases of the tokens—after all, relying solely on hype won't get far; the tokens need to truly circulate within the ecosystem. At this stage, the ability to implement technology and differentiated competition strategies may be more important than just a simple narrative.