The perp DEX war is getting hot
Hyperliquid remains king, spawning a wave of imitators chasing the point farming hype
Majors are also taking shape to tackle market share:
• @avantisfi on Base has been running, backed by Thiel’s fund
• @Lighter_xyz mindshare spiking, some OTC points selling high and fueling FOMO
• @DriftProtocol on Solana gaining traction on the wave, @pacifica_fi (ex FTX team) is a new one on the way
• @Aster_DEX running hard and being pushed by the Binance cabal
• @flyingtulip_ launching in the near future on @SonicLabs, created by the godfather of DeFi
Honestly, there are too many new ones to even tag
What are you watching?

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