Hi everyone, I am Flying Frog. Today I won't be reading the white paper or reciting the report; instead, I’m just sitting in a coffee shop chatting with you about why I still have a pretty good outlook on the Aster project.

First, let’s talk about what Aster is. It is a decentralized perpetual contract trading platform, but it’s not just about the platform token. Its core logic is to combine trading and earning into one—this positioning is quite interesting. I think it performs notably in three areas: technical strength, product design, and the resources backing it.

From a technical perspective, what Aster is doing is not just a castle in the air. It has brought professional-grade order placement experiences and order books for perpetual contracts and spot trading onto the chain. At the same time, it has designed a simplified one-click trading mode, allowing beginners to get started quickly. But what’s most interesting is that it allows users to directly use earning assets (like yield tokens) as trading collateral. What does this mean? Users can trade while their collateral continues to generate yields. This significantly improves capital efficiency. This "trade + earning simultaneously" experience, honestly, many early DEXs haven't figured out how to do.

Let’s also look at the prospects of decentralized exchanges. Perpetual contracts are the largest trading domain in the entire crypto market. Everyone agrees that centralized exchanges offer a good experience for perpetual contracts. But achieving both security and high efficiency on-chain is not easy, to be honest. Aster’s approach is to combine three elements: on-chain asset custody, professional trading tools, and an efficient trading engine. This combination seems to aim for no compromises in both security and user experience.