The Rise and Risk of Perpetual DEXs in the Crypto Arena
Have you felt the tremors in the crypto markets recently? The decentralized exchange landscape is shifting—new players are stepping in, and as they vie for prominence, the shadows of fallen titans loom large. Among them, GMX stands out, a once-proud leader now mired in a steep trading decline. This moment serves as a stark reminder of the perils that come with high-leverage trading and the treacherous waters of yield farming. Today, we explore the thoughts of industry insiders on the fierce competition among crypto projects and the essential lessons we must heed as we tread forward in this volatile ecosystem.
Decoding the Perpetual DEX Phenomenon
Enter the scene: perpetual DEXs. These platforms are revolutionizing the DeFi landscape…
