Still, the next big thing is...
Looking at the DEX vs. CEX trading volume ratio, DEX market share has declined in both the Spot and Perp markets compared to the end of last year, but the overall trend is still CEXs -> DEXs.
+ While trading volume itself has decreased for both DEX and CEX due to the worsening market sentiment,
HyperLiquid, the current leader in Perp DEXs, is actually continuing to steal market share from other CEXs and is currently recording an all-time high.
The performance of Perp DEXs that recently held TGEs has been terrible...
I don't know when madness will return to the market... but it seems there will be plenty of future opportunities in DEX and Perp DEX.
#Altcoin #Chart