Why @perpltrade is @monad killer app:
@dragonflyvc led Monad's seed back in 2023 - a year before @paradigm 🔮
The chain's earliest institutional backer.
And Perpl is one of their boldest bets in the ecosystem ($9.25M, round lead, alongside Brevan Howard and other trading-native funds)
A fully onchain CLOB is only possible on a fast chain. Perpl is literally built for Monad's mechanics - sub-100k gas per order update means market makers can quote tighter, not wider📈
Purple Summer just kicked off:
🟣 50,000 points dropping every week
🟣 a live $50k trading tournament
🟣 a lot more events ahead
Still early 👀