🚨Which 1 Guys u have,
Not all perp DEXs are built the same.🚀
Your eco map, by design ↓
1. Orderbook-Based
– @HyperliquidX (onchain) - fully onchain on its own L1
– @dYdX (hybrid) - offchain order book with onchain settlement for perps
– @vertex_protocol (hybrid) - hybrid perps with order book + AMM liquidity
– @aevoxyz (hybrid) - order book trading for options and perps
– @paradex (hybrid) - order book perp platform with zero trading fees
– @lighter_xyz (hybrid) - decentralized exchange with custom ZK infra
– @Aster_DEX (onchain) - non-custodial trading exchange
– @Backpack (offchain) - perps and spot exchange on Solana
– @edgeX_exchange (onchain) - cross-chain perpetual exchange
– @nadoHQ (hybrid) - unified margin across spot/perps on @inkonchain
– @pacifica_fi (hybrid) - Solana-based hybrid exchange
– @grvt_io (hybrid) - hybrid privacy exchange model on ZKsync
– @hibachi_xyz (hybrid) - privacy-first exchange on Arbitrum and Base
2. AMM-Based
– @GMX_IO - platform with single pooled liqidity backing all perp positions
– @GainsNetwork_io - exchange with vault-based liquidity model
– @synthetix - perps platform backed by a shared liquidity pool
– @DriftProtocol - open-source, decentralized exchange on Solana
– @OstiumLabs - perp exchange for stocks, commodities, FX, and crypto
– @OfficialApeXdex - aggregated multichain liquidity trading platform
3. Exotic Perps
– @OverlayProtocol (onchain) - oracle-based perps with no pools or counterparties
– @variational_io (hybrid) - intent-based perps filled by solver networks
– @extendedapp (offchain) unified margin perps and spot exchange, built by ex @Revolut team
Which one are you using? $BTC
#USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund