For perp, it must be viewed from the perspective of a centralized exchange (CEX) product, not DeFi. As the oldest perp platform, dydx, why does it look like this now? My personal opinion is that these old DeFi guys think that by developing technology, they can sit back and enjoy market dividends. It's hard to truly stand from the user's perspective.
Looking at perp from the on-chain CEX perspective is completely different. Technology is just the most basic aspect. Don't be fooled by technical routes. Is the product grounded and user-friendly? Does it have CEX-level operational capabilities?
Treat each perp DEX as a CEX, not just a DeFi protocol. Is there genuine product thinking? The arrogance of tech geeks and the dividends will no longer exist in perp.
Using CEX-level product operation capabilities to view it means treating these perps as a CEX. Would you really use it?
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For perp, it must be viewed from the perspective of a centralized exchange (CEX) product, not DeFi. As the oldest perp platform, dydx, why does it look like this now? My personal opinion is that these old DeFi guys think that by developing technology, they can sit back and enjoy market dividends. It's hard to truly stand from the user's perspective.
Looking at perp from the on-chain CEX perspective is completely different. Technology is just the most basic aspect. Don't be fooled by technical routes. Is the product grounded and user-friendly? Does it have CEX-level operational capabilities?
Treat each perp DEX as a CEX, not just a DeFi protocol. Is there genuine product thinking? The arrogance of tech geeks and the dividends will no longer exist in perp.
Using CEX-level product operation capabilities to view it means treating these perps as a CEX. Would you really use it?