Dex wars research starting point 👇
@KiloEx_perp Gasless trading, dual‑pool vaults, 125× leverage on opBNB. >$34B cumulative volume with $100–200M daily. A past hack dented trust, but if security holds, the CEX‑like UX could still be a sleeper.
@aevoxyz Custom OP rollup with perps, options, and pre‑launch token futures; >$10B total trading volume and up to 20× leverage. AEVO token hasn’t pumped. Unique pre‑launch markets could pull in new volume.
@vertex_protocol Arbitrum’s cross‑margin DEX combining spot/perps/money markets; ~35K monthly active traders and ~$70M TVL. Makers trade free; takers pay 0.02–0.04%. VRTX token will be replaced by INK during the Ink L2 migration, so pay attention to eligibility.
@HMXorg Pool-based DEX offering cross-margin with multi-asset collateral and 1,000Ă— leverage. Over $4.5B volume, ~$30M TVL and ~$2M in fees since launch. Token exists but still microcap; cross-margin design could bring big flows if degens rotate.
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