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Aster launches the hidden order feature, allowing users to place Perptual Futures orders without publicizing open orders.
BlockBeats news, on June 20, the perpetual futures DEX Aster announced the launch of “Hidden Orders”, which is a hidden order feature that allows users to place invisible perpetual futures orders without publicly displaying the size or existence of open orders. In a rapidly changing market, front-running and liquidation hunting have a significant impact on traders with large public positions on-chain. Hidden Order is an innovative solution proposed by Aster that protects the privacy and security of traders while benefiting from the depth liquidity provided by Aster’s public order book. Users just need to toggle the “Hidden Order” button before placing an order to create a “hidden order”. This order will not be displayed in the public order book, but once someone sells a matching position, the user’s order will be executed instantly and will be displayed after the transaction.