The market hasn’t collapsed, but the gameplay is changing. The money in DeFi is no longer chasing mining and airdrops, but is flowing towards perpetual DEXs—taking advantage of the funding rate spreads and earning LP's fee sharing. The data from several leading perpetual platforms already indicates the issue; this wave of funds is seeking more efficient ways to generate returns.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
8
Repost
Share
Comment
0/400
AirdropJunkie
· 11-30 16:19
You're right, I'm really tired of that mining trap.
View OriginalReply0
BtcDailyResearcher
· 11-30 08:54
The perpetual DEX is indeed a good outlet, the funding rate is much more stable than Mining.
View OriginalReply0
SellLowExpert
· 11-30 07:59
Funds are getting rolled up in the perpetual DEX, let's see whose risk control is tougher.
View OriginalReply0
MagicBean
· 11-27 22:00
The perpetual DEX is really getting popular now, much more reliable than the mining trap.
View OriginalReply0
MidnightTrader
· 11-27 22:00
The perpetual DEX is indeed bloodsucking, much stronger than mining for a profit.
View OriginalReply0
OffchainWinner
· 11-27 21:55
The perpetual DEX really bought the dip this time, compared to the already worn-out logic of mining and grabbing airdrops.
View OriginalReply0
PanicSeller69
· 11-27 21:47
The perpetual DEX is indeed sucking blood, but the rates fluctuate too much to be stable.
View OriginalReply0
PermabullPete
· 11-27 21:34
The perpetual DEX has indeed taken the spotlight, but if the fees are too high, it can lead to losses.
The market hasn’t collapsed, but the gameplay is changing. The money in DeFi is no longer chasing mining and airdrops, but is flowing towards perpetual DEXs—taking advantage of the funding rate spreads and earning LP's fee sharing. The data from several leading perpetual platforms already indicates the issue; this wave of funds is seeking more efficient ways to generate returns.