Perpdex has been gaining momentum recently, and with it comes the pressure from those leading centralized exchanges. This situation is something that must be faced sooner or later—after all, the cake of decentralized derivatives trading is there, and everyone wants a piece of it.

At the end of the day, relying solely on marketing and short-term activities won't last long. What really retains users depends on whether the product is smooth enough and whether the service keeps up. Nowadays, users are also savvy; they will choose to invest where the experience is good, the fees are reasonable, and the deposits and withdrawals are smooth. Intense competition in the industry is a good thing, and in the end, the ones who benefit are us traders.