If a nothingburger perp DEX can easily launch at a $600M FDV, what should the top perp DEXs that people actually use launch at?
@variational_io@extendedapp coded
crypto is still early because you would see farmers complaining about getting only 2 variational points every week with under $1k capital
bro thats 4% ROI weekly and 200% APR
The @o1_exchange token (DEX / Perps / Predictions aggregator) has reached an $800M FDV.
Total raised: $4.2M
Total revenue: $2.2M
Total users: 29k
Meanwhile, @variational_io:
Total raised: $61.8M
Total revenue: $52M (80% routed to OLP capacity to support liquidity)
Total users: 104k
Yet @Polymarket currently gives Variational only 39% odds of reaching an $800M FDV.
Are people literally selling a dollar for $0.39 here, or am I missing something?