Everyone and their dog is scrambling to build a perps DEX rn. However v few teams have actually built and run one for 4yrs. A LOT goes into operations, risk mgmt and robustness that is glossed over. Expecting a few veterans to cook, but probs a few high profile meltdowns.
btw i think a lot of ppl are going to get oneshot by perpdex startup building/privates building exchanges is v v hard, im long degeneracy guy and i pass on 9/10 new perpdexes ive seen it close up a few times, and motions like blur pacman, hl jeff, lighter vlad are one in many
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