If you still view Ferra (@ferra_protocol) as just another "better" trading platform, you're likely completely misinterpreting its ambitions. Within the Sui ecosystem, Ferra (@ferra_protocol) is building a set of survival rules even more fundamental than the public chain itself. 『An Efficiency Revolution Rejecting Aggressive Subsidies』 Traditional DEXs often fall into a vicious cycle of "boosting trading volume and accumulating TVL," a prosperity artificially propped up by rewards that is extremely fragile. Ferraa (@ferra_protocol) chooses to integrate a multi-engine market-making model, including CLMM, DLMM, and dynamic fee rates, not simply by piling up capital, but by mathematically improving capital utilization. This extreme pursuit of liquidity "durability" essentially ensures that every penny generates genuine market depth in market making. 『A God-like Perspective of Overall Control』 True infrastructure lies not only in underlying liquidity but also in top-level control. Ferra's newly launched Portfolio v2 perfectly completes this puzzle, providing a dashboard that fully connects the entire Sui DeFi ecosystem. From total assets visibility across wallets and protocols to cross-protocol position management and pending yields, it aims to eliminate the extremely fragmented pain points of DeFi operations. 『The Underlying OS of Ecosystem Evolution』 If the Sui ecosystem is likened to a sophisticated computer, Ferra plays the more core "underlying system." On the backend, it weaves a liquidity network through complex market-making algorithms; on the frontend, Portfolio v2 provides a unified user interface, structuring all LP, trader, and complex on-chain behavioral data.