Aster has finally launched its mainnet. The block explorer was implemented at the same time too, and it finally feels like it’s possible to verify chain transactions and the like. In terms of transparency, it really gives the impression that things have advanced quite a bit.

The market reaction also seems pretty hot. On some big-name derivatives platform, it looks like a lot of Aster long positions have been put on, and positions with an evaluated value of over $20 million are generating a profit of $3.9 million. They probably had very high expectations that the mainnet would go live.

Right now, the current Aster price is trading around $0.70. Whether the mainnet launch at this point turns out to be good or bad is something that may be worth watching to see how things unfold going forward. It will likely come down to how much real users actually start using it, but at least the project team has shown their ability to execute.