In short, @Aster_DEX created Aster Chain because they discovered that current public blockchains are not suitable for truly large-scale and professional trading. Current on-chain orders are essentially naked; how much you place your order, at what price, and when you enter the market are all visible to bots and large traders. The result is being preempted, targeted, and having all your slippage wiped out – practically unusable for institutions and large funds. Aster Chain's first solution is to hide transactions, using zero-knowledge and privacy technologies to prevent others from seeing your position and order details, while still ensuring verifiable results. This is somewhat like turning an on-chain DEX into a dark pool, making funds safer and transactions cleaner. 2️⃣ Speed and cost. For perpetual contracts, slowness and high cost are fatal. General-purpose public blockchains need to accommodate many scenarios; DEX is just one of them. Aster Chain directly serves trading, aiming for high TPS, low gas, and millisecond-level execution, making the experience closer to a CEX, rather than waiting forever for a transaction with unstable fees. 3️⃣ It's about trade-offs. Aster doesn't intend to do everything on this chain. It doesn't aim to be a universal public chain, but rather focuses on perfecting decentralized trading, including privacy orders, high leverage, professional trading models, and deep integration with ASTER tokens, staking, and governance, without diverting its efforts. The essence is to reduce MEV and prevent early adopters. By using a dedicated execution environment and hidden orders, it aims to achieve very low, even near-zero, MEV, allowing genuine traders, not bots, to benefit. This is an experience many professional traders desire but cannot obtain on-chain. If you're always running on someone else's chain, you're subject to their control over fees, execution environment, and asset efficiency. By creating its own L1, Aster can integrate gas, protocol revenue, and collateral asset systems. For example, it can directly use yield-generating assets like asBNB and USDF as margin, improving capital utilization and making the protocol more independent. Overall, by controlling the underlying layer, Aster aims to dominate the Perp DEX market. Aster's differentiated approach is privacy and performance, with the goal of becoming the ultimate Perp DEX. Aster Chain is currently in the testing phase, and in the short term, it will operate on a multi-chain parallel model, but the direction is already clear. @cz_binance, have you applied for Aster public chain testing? I'm already eligible to experience it.