Most 2025 Perp DEX Tokens Down 32–55% From TGE Valuation
Seven perp DEX tokens listed in the past year, and only ASTER and EDGE are in the green on FDV — the rest are off 30-55%, a sobering read on a sector that priced in billions.
Seven perp DEX tokens listed in the past year, and only ASTER and EDGE are in the green on FDV — the rest are off 30-55%, a sobering read on a sector that priced in billions.
The Brent and WTI perpetual contracts land on a regulated venue the same week ICE and CME flagged onchain rivals as a systemic risk to benchmark oil markets.
A targeted exploit on the prediction market's optimistic-oracle bridge — not its main AMM — underscores how interconnected DeFi composability keeps turning a single adapter into a system-level risk…
Japan is a top-3 prediction-market TAM and Polymarket is currently blocked there — but the path runs through a Penal Code that criminalizes habitual gambling, and Kalshi is closing the volume gap…
The payments firm is now the on-ramp for regulated institutions into stablecoins, tokenized funds and onchain lending — a build-out underwritten by a high-eight-figure Decent.xyz acquisition and a…
Dragonfly led the Series A with Bain Capital Crypto and Coinbase Ventures joining, as Variational pushes past $200B in lifetime volume and launches perpetual futures on gold, silver, copper and WTI…
The CEX duo still dominates volumes, but the share of perpetual futures open interest sitting on DEXs has nearly quadrupled since early 2025 — a structural shift in where leverage now lives.
The HYPE token jumped 20% to $58.60 on the day Hyperliquid's fully diluted valuation passed Solana's — a crossover built on $12.6M weekly protocol fees, not narrative.
The raise backs a thesis most perp DEXs have avoided — sourcing liquidity from real market makers and commodity desks, not just crypto LPs — with Bain Capital Crypto and Coinbase Ventures joining…
Variational, an Arbitrum-based derivatives venue, has closed a $50 million Series A round led by Dragonfly Capital…
The share move from 2.9% to 8.0% looks small in absolute terms, but it was carved almost entirely out of spot — a structural re-routing of retail flow onchain, not a CEX bleed.
A pair of crypto wallets opened coordinated 10x leveraged long positions on $PEPE at the same time, accumulating a…
The headline is a 24-hour $5.78B print and a fresh weekly record — but the real story is that Solana's perps stack is now absorbing flow at a scale that puts it in the same conversation as…
Ostium's institutional-grade data link comes as equity perps have already carved out 20% of the $75B RWA perps market — and signals Nasdaq is building a deliberate onchain strategy, not a one-off bet.
Jeff Yan's disclosure lands as ICE and CME have been lobbying to restrict the protocol, making compliant U.S. access the deciding variable for Hyperliquid's next leg of growth.
Leveraged ZEC bets are back on the tape — a single wallet's 10x long size and a $537 liquidation line give the next session a clear invalidation level for the breakout trade.
The relief is procedural, not a green light: the agency has stopped short of saying event contracts are not swaps, leaving the line itself — and any platform that crosses it — unresolved.
Pavel Durov announced that TON's newly released AI-ready toolchain delivers a tenfold improvement in smart contract…
The barrier is not yield — it's risk perception. Repeated exploits and DeFi's permissionless design keep KYC-bound capital on centralized venues, and product gaps in bot tooling widen the gap.
A $292M LayerZero exploit in April forced the Kelp DAO bridge off LayerZero; Solv Protocol's voluntary $700M migration pushes the combined flight past $2B in protocol value, framing CCIP as the…