Long term, the ability to connect to people’s bank accounts, IPO your shares for greater distribution, and advertise your product LEGALLY in native language marketing make a HUGE difference
Many perp dexes will go to a couple billion FDV, very very few will hit $100b+
btw I think a lot of people are going to get oneshot by perpdex startup building/privates
Building exchanges is very, very hard. I'm a long degeneracy guy and I pass on 9 out of 10 new perpdexes.
I've seen it close up a few times, and motions like Blur, Pacman, HL Jeff, and Lighter Vlad are one in many.
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