Have you guys felt it? The Perp sector has been super FOMO lately—it went from being completely under the radar to everyone standing up and taking notice in less than a week. While keeping an eye on Perps that haven’t issued tokens yet, don’t forget to focus on those that already have. They’ve got huge potential, and Bluefin on Sui (@bluefinapp) is definitely one to watch: ◆ Bluefin’s TVL hits a new high Bluefin’s TVL has reached $220M, ranking #1 in the Perp sector on the Sui chain and continuing to set new records. But its Market Cap is only $22M, far below similar protocols—a seriously undervalued, all-in-one treasure of a perps DEX. ◆◆ Product matrix taking shape Bluefin’s offerings span contracts + spot trading + lending + vaults, letting you seamlessly execute various DeFi strategies, arbitrage, and hedging. ✅ Bluefin Pro: Dominates over 85% of contract trading volume in the Sui ecosystem ✅ Spot AMM + limit orders: Zero slippage, zero gas fees, zero MEV Coming soon: Aggregator—delivering top price efficiency through instant, sub-second trade discovery and execution. This feature is going to be a game-changer. ✅ Lending: In just three months, it’s reached a supply scale of $290M+, pioneering zero Borrow Fee in the Sui ecosystem. Beyond To C products, there are also To B applications—providing infrastructure to power a strong and intuitive decentralized financial network. ◆◆◆ Blue buyback proposal approved Starting October 1, Bluefin will allocate 25% of its quarterly revenue to buy back BLUE tokens. Bluefin’s current quarterly revenue is around $3.5M. That means roughly $1M per quarter for buybacks, which is a massive bullish signal for BLUE. If everything goes smoothly, BLUE’s annual buyback amount will hit $4M, while its current market cap is only $22M. Imagine the upside potential! And as the business grows and buyback amounts increase, BLUE is only going to flywheel to the moon!