PANews reported on March 24 that according to CZ's post on X platform, at 01:17 Beijing time on March 24, he conducted his first on-chain perpetual contract test on APX Finance, going long on the token mubarak, with a current price of around $0.149, and setting a take-profit at $0.165. CZ stated that this was to experience the on-chain trading process and test whether MEV (Miner Extractable Value) still exists. He also revealed that he has never traded futures on Binance platform, only seen product demonstrations. He added that the overall experience on-chain is not as good as CEX, and he does not intend to become a trader.
CZ tests perpetual contracts on-chain for the first time, says he has never traded futures on Binance
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