When we're talking about perp, we're talking about something 1. The era of exchange teachers trying to do a wallet/on-chain tool once and for all has passed, and if they don't do on-chain liquidity, the liquidity will be plundered by other projects, and making wallets is just an entrance for others. 2. Centralized exchanges choose to do perp with open cards, which is good for the track, but not good for CEX. CEX is tantamount to telling itself that the basic market users are forward-looking, so whether users will choose to do liquidity from scratch, or choose a project with sufficient liquidity and has not yet issued coins/secondary airdrop expectations. 3. Everyone is looking for the Dragon Er project, in my opinion, Dragon Er needs to have a clear market positioning and a narrative that is misplaced in the Dragon One, such as Robinhood on the chain, to form a misplaced competition. The best way to win is to wait for Long Yi to make a mistake instead of threatening to kill Long Yi without self-control, and the incremental market is for everyone to make the cake bigger. 4. The brand effect is coming together, and it will not be a brand/community, and it will be eliminated soon, counting on CZ to shout orders, you can look at the consequences of meme on bsc. Whoever hatches doesn't work very well.