Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Many users have some biased views about @ferra_protocol's recent points adjustment. I think this isn't a weakening, but rather removing the water to truly shift weight toward on-chain real behavior as the focus.
Although the Lucky Wheel activity has ended, points efficiency has clearly changed. Now Swap and LP weights are pulled much higher. For example, a $100 Swap can earn a significant amount of points, and trading volume, LP positions, and Premium benefits are all stacking bonuses.
This is actually a typical move for the project transitioning from phase one (user acquisition + engagement boosting) to phase two (screening + retention). Ferra's positioning isn't just a simple DEX, but rather a Liquidity Layer + Social DEX on Sui. Right now it's more focused on attracting users who can provide deep liquidity, contribute real trading volume, and have long-term retention.
Once these metrics take off, the protocol's revenue and TGE valuation support will be much more solid.
So this adjustment is essentially reshaping points weights for the TGE. Points are transitioning from "game point farming" to "asset certificate."
There will likely be subsequent developments:
- Points deeply bound to LP/trading behavior
- Differentiated multiples across different pools
- Guiding liquidity flow in specific directions
- Large and long-term quality users seeing significantly widened profit gaps
The current strategy is to focus energy on stabilizing Swap frequency and optimizing LP positions.
If you plan to play long-term, the Premium bonus is the key to pulling ahead.
Looking at it this way, instead of chasing short-term plays everywhere, what's more important now is actually maintaining steady trading frequency and positioning LP correctly. The earlier users understand this logic, the easier it will be to widen the gap later.