It's interesting because Apex almost gets a "free ride" from all the commotion between HL vs Aster
I'll explain briefly:
Let's assume that Aster gets listed on Binance spot
Aster starts soaring in price, new ATH etc.
Hyperliquid *probably* doesn't go up because of that, people associate it as a rivalry between the two
So "Aster winning" means "Hyperliquid losing"
BUT
Aster getting listed on Binance spot will [and you can come back to this tweet when it happens] result in Apex going up due to the fact people will naturally bid the second largest CEX for trading vol at a much lower mcap
If Aster initiate buybacks and there's a huge positive reaction
Again, people will buy Apex again anticipating the same result
It sounds dumb until it isn't and I'm sure Ben done this on purpose
Two perceived giants busy fighting whilst the 'smaller' one gets to pass through without being noticed as much
Pretty slick
[Other exchanges don't compare/have no relevancy, everyone knows it's just HL, Binance and Bybit for perps trading - literally nobody who is serious uses anything else]
👀
New player has entered the perp dex arena: $APEX
Have to imagine that @benbybit has done the math on how much $ASTER airdrop incentive has boosted price & volume...and how they could use Mantle treasury to achieve something similar...
Aster mkt cap: $3.3B
Aster airdrop estimate: ~$700M
Apex mkt cap: $250M
Mantle treasury: $6.2B
Chart says it all $ORDER ripped from $0.12 → $0.36, a clean 3x move and barely anyone’s talking about it.
Everyone chasing $ASTER, but I think Orderly’s actually doing better.
That’s not random hype, it’s backed by $700M+ daily perp volume and fees stacking on @OrderlyNetwork.
Real infra, real usage.
And now you’ve got traders on @whatexchange calling ORDER the big move. Thanks to @ImNotTheWolf building such tech.
When DEXs start becoming the playground for these runs, you know liquidity + conviction are syncing up.
Feels early.
It's a Dex season and $order is The Exchange Layer 💜
Everyone is talking about $ASTER but NO ONE is talking about $STBL, up 10x this week on BNB
- Stablecoin protocol launched by cofounder of Tether
- Only 5% unlocked at launch for max pump
- Stablecoins are a $230B market & this is the BNB play
Feels like higher but NFA
I’ve been longing PUMP on HL since .0042 but I’m saying this as someone who tries all the products in this space & gives my genuine feedback. I’m not trying to pump PUMP lol, just talking about the actual app itself.
Not a big fan of shitcoins or “creator coins” or whatev, but I tried out the @pumpdotfun app & w the whole streaming angle, it’s much better use of creator coins than Zora, which made no sense to me from day 1 & I deleted the app. I can see this gaining traction w streamers tbh.
You don’t have to allocate to everything.
You don’t have to play every hand.
You don’t have to catch ‘em all.
It’s as important being sidelined on certain plays as it is allocating to certain plays.
Consider your punch card.
If you have managed to survive..congrats! we might see proper alt season soon.
Place ur bets accordingly.
L1s never disappoint - My bet is on $S @SonicLabs
Narratives - Prediction Market
Buyback meta - $HYPE, $PUMP, $ENA
Biggest launch of this cycle - @flyingtulip_