Aster on-line hidden commission function, not publicly listed orders can be placed on the perpetual contract orders
On June 20, perpetual contract DEX Aster announced the launch of “Hidden Orders,” a live hidden commission feature that allows it to be the first to place invisible perpetual contract orders without publicly displaying the size or existence of pending orders.
In an ever-changing market, where front-runs and liquidation hunts can have a significant impact on traders with large public positions on the chain, Hidden Order is an innovative solution from Aster that protects the privacy and security of traders while allowing them to take advantage of the depth of liquidity provided by Aster’s public order book.
Users can create a ‘Hidden Order’ by simply toggling on the ‘Hidden Order’ button before placing an 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 filled instantly and will be displayed after it is filled.