Today while swimming, I suddenly figured out a question:
Aster to Binance, Aster to CZ, is like iPhone to Apple, Android to Google, and even ChatGPT to OpenAI—this is a key pivot that determines the future landscape.
It can be said that the war of centralized exchanges (CEX) has actually settled, with the remaining competition merely being other players vying for the positions from second to tenth. However, the real threat to Binance is actually Hyperliquid.
The rise of Hyperliquid is not because of superior technology, nor because of better liquidity (which Binance can do better), but because it exploits a huge regulatory loophole: American users cannot use Binance, but they can use Hyperliquid; at the same time, there are many users unwilling to do KYC, and their volume is equally astonishing. These 'grey demands' come together to form an extremely unfair advantage for Binance.
Therefore, Binance must have its own decentralized strategy - that is Aster (originally called APX three years ago). I even believe that, due to regulatory considerations, Binance can only promote Aster secretly, but this battle, Binance will definitely fight, and it must fight.
Recently, I have been frequently expressing my views on Aster, that's right, because I am optimistic about Aster and Binance's future strategy. I have laid out a large amount of AST, just like I firmly laid out BNB eight years ago.