@01Exchange is very hyped at the moment but it's require a thorough research to put into already hype perps ecosystem. Not all exchanges are capable to compete at the moment. Will share more insights on this ๐
Guys you all can join extended with my referall link.
Here is why it's beneficial.
10 percent points boost + 30 percent fees refund.
Extra 100 dollars from me in completing 2 million volume. (Just DM)
https://t.co/AiQ9brVjIb
Well we can easily predict the future of perpetual dex farming post @Lighter_xyz .
The farming will still be profitable for early users as far as cost per point is low.
We can probably see ๐ next 6-8 months major perpetual dexes coming and competing with each other.
Competition can be intensive.
As for farmers, not all perp dexes going to moon, few will profit, and some bad actors will be in play doing reverse extraction. Only 2-3 dexes with unique features can remain in the game.
As predicted!!
People were saying 100 dollars per point based on premarket.
Premarket has very less volume as compared to cex.
90 percent of coins go lower than premarket as the case of @Lighter_xyz .
Getting 50 dollar per point is still very huge at current BTC levels.
Expect @Lighter_xyz points to be in the 40-50 dollars/point ranges.
With various factors to be in consideration.
1. BTC is below 90k, market is dull
2.Lighter is already behind, with hype and aster, position well before
3.Perp dexes are being normalised, just like uniswap.
We may never see hype like growth in case of lighter or any perp dexes in future. Due to lack of unique product market fit.