Wrote this piece on perp DEX architectures for @cyberFund_.
TLDR: Perp DEXs have strong tailwinds. New designs enable CEX-level UX & costs with blockchain enforced security.
However:
1) Not all architectures are equally competitive.
2) No DEX is close to the endgame yet

1/ Perps are a core pillar of crypto market structure. But what’s the endgame?
In collaboration with @letsgetonchain, we analyze the architectural choices behind today’s leading perp exchanges.
Key question: who will dominate the next leg of growth?
https://cyber.fund/content/perps

cyber•Fund

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On December 18th, at an important conference chaired by the Prime Minister, Mr. Phan Duc Trung, Chairman of the Vietnam Blockchain Association, gave a direct report on the implementation of the Vietnam Blockchain Network (Viet...).

VNeID begins integrating blockchain technology.

The Bank of Japan (BOJ) has officially raised its benchmark interest rate to its highest level in 30 years, marking a significant turning point in the monetary policy of the world's third-largest economy.

Japan continues to raise interest rates to their highest level in 30 years.

Original article | Odaily Odaily(@OdailyChina)
Author | Asher (@Asher_0210)
On December 17, dingaling, the founder of the prediction market platform predict.fun, announced on the X platform that the platform has been officially launched and airdropped initial points to Meme traders on BNB Chain, Aster participants, and active users of various prediction markets.
Compared to traditional market forecasting firms like Polymarket and Kalshi...