PerpDEXs I’ve mined, am currently mining, or am keeping an eye on
1. GRVT
- The PubDeck I’ve mined since the very beginning, Epoch 1, for the longest time, and with the most money invested (among those not currently participating in TGE). (Please save me.)
- Season 2 unit price $8.04 (Something feels wrong....)
- TGE scheduled for late June
- Aspecta FDV $243M / Polymarket 50% ↑ FDV $200M
- Estimated point value based on $250M approx. $8.1
2. Pacifica
- The initial impression was really good, but it’s a case where the team cut off the wings they themselves ruined just as it was spreading its wings. At least in the Korean market.
- I thought I mined a lot early on, but looking at it now, it got nerfed, so the unit price is a total mess. $0.055
- I don't know when the TGE will happen, but it doesn't feel far off.
3. StandX
- I don't like the UI, and since there are only a few markets, the trading volume figures are a bit ambiguous. However, I have a hunch that this might actually lead to a Mini Aster.
- I think the recent decision to offer interest via SIP2/3 was an excellent choice. As a result, they were able to significantly boost their performance figures.
- Aspecta FDV $355M / Polymarket 50% ↑ FDV $200M
- It is very difficult to gauge the value of these... There are multiple types, and I don't know how much has been allocated.
4. Variational
- A case where I didn't invest because of the "Honghongdaedaebyung" (a derogatory term for a specific type of token). So, it smells like it's going to do even better.
- Aspecta FDV $506M / Polymarket 50% ↑ $500M
5. Hibachi
- Honestly, even while doing it, I keep asking myself if I'm doing the right thing, but I'm digging for it with the sole hope that 'if it properly backs Arc.'
- I think it will benefit a lot in many ways if it doubles.
- 'If it doubles, it's a revolution; if not, it's total failure, isn't it!'
6. Evedex
- To put it nicely, it's novel; to put it negatively, it operates in a way never heard of (unheard of) in the Pub Deck world. Actually, it has that vibe of a junk CEX.
- So, it's actually a Hongdae-style pick. Kralow will surely do something...
7. Hotstuff
- Whether it's about going L1, or listing it on the Spot market—and that too as Equity—they are also Hongdae-style picks.
- While Evedex is flashy and has a Hongdae vibe, Hotstuff feels like a nerdy Hongdae geek. There is absolutely no inflated trading volume or anything like that, so it actually feels like it's becoming even more of a flop...
8. RiseX
- I haven't played it yet, but I plan to check it out soon. At first, it looked like it pivoted from L1 to Pub Deck, so I skipped it, thinking "there is no paradise in places you run away to." However, I heard that onboarding for decks like Morpho is already scheduled, and they offer deposit yield in conjunction with it, so I'm taking another look.
- "Did you get eyed by Pagu(?)"
Perrennial=Casecade, Vest, Outkast... there are others too, but well... a failed is a failed...
