Aster launches a privacy-focused Layer 1

CoinNetwork · 2026-03-17T16:05:15+00:00

Aster, a decentralized exchange backed by YZi Labs, has launched its privacy-focused Layer 1 blockchain Aster Chain, featuring account privacy, zero-knowledge proof encryption, and high transaction speeds. The protocol has reached $3.36 billion in trading volume, with the ASTER token price up 7%.

CoinNetwork

2026-03-17 16:05:15

Abstract generation in progress

Supported by YZi Labs, the BNB Chain native decentralized exchange (DEX) Aster has launched its genesis phase of Aster Chain, a privacy-focused Layer 1 blockchain. The new Layer 1 blockchain defaults to “Account Privacy” features, utilizing zero-knowledge proof (ZK) encryption technology and stealth addresses to secure transactions. It boasts a 50-millisecond block time, up to 100,000 TPS transaction speed, and zero gas fees. The protocol is currently the second-largest decentralized exchange by trading volume, with 24-hour trading volume reaching $3.36 billion. Aster Chain also announced a phased rollout plan, including public staking and ecosystem expansion. Following the announcement, its token ASTER price increased by 7%, reaching approximately $0.76.

ASTER4.76%

BNB-0.66%

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