When Binance and OKX were arguing over their routes, Coinbase was not to be outdone.

Want to open your own Perp DEX or learn more about HIP-3? Answer these 10 questions first.

No rolls in the early stages, 0 losses, and clear airdrops.

The story of perp DEX is far from over, and Hyperliquid may just be the beginning.

If Binance is behind Aster, then Ethereum is behind Lighter.

Perp Dex's coins were issued from pump.fun. Is this true or false?

With so many players vying for a spot in this hot market, what advantages can CEXs leverage? Can their value be channeled back into the platform token?

Quickly grasp the core strategies of each project from six dimensions including features, participation methods, capital system, etc.

An early-stage upstart decentralized contract exchange worth participating in.

They can help you get ahead of the curve.

目前Hyperliquid是要领先Aster一代的，像5代机对4代机的领先，但是在全方位体系化作战中，4代机未必一定会输，最终拼的是生态协同作战。

Neutral Exchange is a "spirit fusion technique" resulting from the long-lasting liquidity tug-of-war between CEX and DEX.

Hyperliquid扛起了“区块链精神”的旗帜——公开、透明、去中心化、用户主权。就像当年的币安扛着这面旗帜去反传统金融一样。

Hyperliquid has ignited the Perp DEX craze, and the five major mechanism vulnerabilities it exposed are driving the reconstruction of the next-generation protocol.

Perp DEX is a key project that cannot be missed by the current round of "money-pulling" army and contract players.

This report explores the data behind this evolution, the platforms leading the way, and the technology and market trends that will shape the future of Perp DEXs.