The recent surge of perp DEX is truly beyond my understanding (deep reflection).
Four years ago, I got lucky and made tens of thousands of DYDX, but since my contract skills were so poor, I basically never used perp DEX products after receiving the airdrop. It wasn't until the last two months, when I needed to grind for BP and Lighter points, that I used it, but it was just for fun, without considering the evolution of DEX or the competitive landscape of the market.
Only now, seeing how much Binance values perp DEX, did I take the time to understand HL's HyperEVM + Builder Core mechanism, and I started to see a bit of insight. Interestingly, this HL mechanism is very compatible with AI.
If I were to draw a parallel with Web2, Binance = Alibaba & Tencent, HL = Pinduoduo & ByteDance, but HL needs to go through a bear market test to see if it truly has the potential to become the next Binance.
Show original
9.08K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.