The two most important Dexes you should be aggressive about right now.
@extendedapp
Simply amazing 🔥🔥🔥
{} Tokenisation of vault shares
{} Cross-asset collateral
Join using my link, still active for 5 more invites
https://t.co/PJqDzt5qS3
@variational_io https://t.co/fAL4JbBWMw
Exceptional UI/UX
{} Efficient architecture built for scale.
{} An outstanding loss refunds feature to compensate users
Join using my link, still active for 5 more invites
https://t.co/wevUMIu0Nr
"Young people have no reason to pledge allegiance to a single asset class. You need to understand them all"
I can't even stress this enough.
Please don't be a maxi of anything when it comes to asset classes, leave maxis alone
Also as a young person you should have a @Ssaasquatch subs.
Yes I agree but don’t make the mistake of choosing one when you can be part of both. Crypto gets a bad rap because conversations about it esp on Naija Twitter rarely go beyond its price and how to make quick money. Read the Bitcoin white paper and you’ll see there’s much more to crypto than some of the pathetic discourse we see online.
Bonus reading: decentralization, privacy, tokenization and RWAs
Young people have no reason to pledge allegiance to a single asset class. You need to understand them all.
Personally, for me the perps winners are already in just like CEX is dominated by just the top 3
@HyperliquidX , @Lighter_xyz and @variational_io will keep grabbing the entire market share going forward regardless of how many new launches we have.
The best long term play is to keep accumulating those spot bags of the said 3 and play it long.
Like I’ve always said, @variational_io , thanks to the flawless execution by the team and the aligned long term incentives interms of tokenomics, will always be a great play all through 2027.
Others can keep fighting for the remaining slots
Decent mentions
@extendedapp (blew a huge momentum due to slow execution, I hope they get it right eventually.
@pacifica_fi such an amazing UI/UX plus team is always shipping.
Don’t get farmed by greedy teams if you don’t have clear edge.
Majority of new perp dexs = L2s of last cycle. Overbuilt and unnecessary.
I don’t see 0.035% fee and 0.02% spreads models as remotely competitive. Only attracting farmers in hope of future rewards (which prob won’t happen).
I was very optimistic in Jan that there would be a few more successful platforms after Lighter. Which has proven to be true with Vari and hopefully Pacifica and Extended. Don’t believe the same is true for 2027.
Some realize this already like Risex which is going no fee (this is a positive development). Also seeing it with all the free USDC rewards to attract users (and then drop off afterwards).
I’m starting to believe vari could be my last perp dex farm (will switch to funding and other strategies).
Unless there are new innovative models esp on token / point structures that pay to use but not sure we will see new product innovations. I was hopeful paper could be an interesting catalyst for reimagining bootstrapping but the recent announcement has been very negative. We will see what is next.
There’s a section of @variational_io FUDers, The API mercenaries that have missed out on the organic rise of the platform,
We will open up trading APIs for them to trade and pump our metrics 99999.99 secs before the end of points program
GOAT level execution by the team.
Your favorite Quant’s Quants
They will all buy $VAR at $10B FDV one day and we will all be here
Bruh @variational_io is about to change trading forever especially for people who never stood a chance to have access to these assets!
My quant @variational_lvs and your quant are not the same
Generational platform
gVar
Again, I repeat, The best play in the perps chain post $VAR TGE will be to keep DCA’in into spot $VAR all through 2027.
You will outperform massively
Don’t go and tie down your capital somewhere looking for the next VAR , you will be disappointed
You only need to take a step back to see how much the TL is filled with “noise” currently by those who don’t even use the platform they are shilling
Focus gents, you’d be glad you did believe in @variational_lvs in the next 6- 12 months
Variational is arguably the airdrop of the year and the perp DEX with the biggest potential to grow and explode in 2027.
But we're now just a month and a half away from the end of the airdrop campaign, and those of us who've been farming since the pre-season know exactly how much harder it has become to earn points compared to back then.
Once the $VAR TGE is behind us, a massive amount of liquidity will be unlocked and looking for its next opportunity.
The question is: where will it flow next?
And more importantly, what can you do about it now?
As I've always said, the perp DEX meta will take much longer to saturate than other airdrop metas, simply because these are products generating real revenue.
Think about it. We've been here since the days of $GMX and $DYDX, and we're still here.
So, what does the market look like right now?
🟢 @arcus_xyz
Probably one of the projects with the strongest theoretical potential to launch a token at a decent FDV, which could translate into meaningful value for its points.
That said, several things went wrong during the early stages, and the team didn't handle them particularly well. I've written multiple posts about this already, so check my profile if you want the details.
🟢 @risextrade
One of the most talked-about projects across CT, currently doing around 6,000 weekly traders, with a relatively recent points campaign expected to run until Q2 2027.
There are already some points OTC markets out there, with the current implied valuation sitting around $170M FDV.
Personally, I think that's a fairly realistic valuation, with potential upside towards $300–400M FDV.
That said, its metrics have been somewhat stagnant. Organic growth is there, but it's slow.
🟢 @TxFlow_L1
Their Season 1 only kicked off a few days ago, and after an initial misstep with the points campaign, the team listened to the community and completely revised the rules.
Definitely a good move, and one that has helped them regain trust across my timeline.
Their APIs aren't even public yet, and they're already doing numbers comparable to RiseX. Growth is slow but steady here too.
If they deliver on what they've promised, txflow could be one of the biggest surprises of 2027.
🟡 @extendedapp
Once a flagship project among airdrop farmers, Extended seems to have lost momentum amid repeated TGE delays and increasingly quiet social communication.
Honestly, I've never pushed it particularly hard, simply because my own trading experience on the platform has never been particularly smooth.
The TGE does seem to be just around the corner, though.
🟡 @hibachi_xyz
Points campaign ending in Q1 2027.
Another extremely long points campaign. They had their months of hype, but managed them terribly.
Not even the ARC integration and the push that came with it managed to turn things around.
Such a shame.
🔴 @Ostium
Honestly, embarrassing.
One of the worst teams I've ever had to deal with as an affiliate. Deadlines never met, employees leaving you on read and then disappearing for months.
Want an idea of how these guys operate? Some people won merchandise in their trading competition and still hadn't received it 15 months later.
Even the hack could have been avoided. It came down to sheer carelessness and a lack of attention from the team.
At this point, I wouldn't be surprised if they shut down.
🔴 @bulktrade
Honestly, I had really high hopes for this one.
But they've barely even got started, and they're already a year and a half behind their roadmap.
Mind you all of this is happening while HIP-3 is still in growth mode and hyperliquid barely making any revenue of it, what happens when they decide to stop growth mode .
Variational swap will swallow the RWAs sector and you lots are not prepared for that.
gVar
If you still believe TradeXYZ is perfectly fine, you should check its recent market share against Aster, Lighter and Variational
I wouldn't call that fine
And once again, the risk isn't on Trade, it's on HL losing ground to competitors in the fastest growing perp sector: RWAs