Perp DEXs have gone from a niche experiment to a $17B industry in under 3 years 📈
The chart tells the whole story:
🗓️ 2023:
Basically flat, near $0 OI, tiny volumes, nobody was really trading perps on-chain
🗓️Late 2024:
First real breakout, OI starts climbing past $5B
🗓️Mid-2025:
Peak Bull Market: volume explodes from ~$50B/week to $300B/week at the very peak.
🗓️Today:
$17.1B in open interest,
$480B in 30-day volume,
$5.66B in 24h volume alone
Its obvious to me that we are seeing a massive migration from centralized exchanges onto transparent, self-custodial rails.
Many CEX are no longer trustworthy, and we keep seeing the fall of platforms like @BitMEX, @BitMartExchange, or @AscendEX_ .
The bigger trend, though: on-chain perps went from irrelevant to a legitimate alternative to CEX perpetuals in about 24 months. That curve is not finished yet.
If we are heading into the bear market and this chart is looking like this, I can't imagine in the bull run.🚀
giving ai vision models direct access to price charts killed the last excuse manual traders had for relying on intuition
we hooked up open ai vision to generate real time candlestick charts and call trading setups with voice execution
most traders fail because of human emotion so we built an ai agent that evaluates price action with zero bias
I talked about what @FX100Perp is building a few months ago.
fx100 is the only perp dex with 15-minute liquidation protection with up to 100x leverage.
even though price suddenly wicks you still remain in the trade.
the testnet is finally live. have you applied yet?
The current $LTC valuation makes no sense.
But despite it makes no sense, it's probably the biggest opportunity in crypto history.
While Bitcoin sits and $60,000 currently, Litecoin is worth $42.
Bitcoin max supply is 21M while Litecoin max supply is 84M.
And yes, fixed supply doesn't mean that price should be 1:4 directly, but the LTC blockchain follows the same mining halving mechanism BTC has.
And Litecoins network activity is around 40-50% of Bitcoins today.
I mean, Zcash for example has a valuation of $380 at the moment but Litecoin does 60x more daily transactions.
LTC daily transaction count: 170K
ZEC daily transaction count: 3K
And on top of that Litecoin has:
- MWEB privacy integration
- Treasury Companies
- Strong Community
- LitVM ecosystem
- ETFs
...and much more to come in the future.
We can see the current price action as a gift, because it's written in the stars that this undervaluation can't last much longer.