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|Legacy
BTCBTC
💲77443.60
-
0.22%
ETHETH
💲2131.05
-
0%
HYPEHYPE
💲58.24
+
5.45%
SOLSOL
💲87.09
+
0.95%
ZECZEC
💲635.25
-
2.52%
USDCUSDC
💲1.00
-
0%

吴说区块链
吴说区块链|Oct 26, 2025 01:21
《In-Depth Analysis of the Perp DEX Landscape: Why Hyperliquid Wins, and Lessons from dYdX and GMX?》 (Author: OKX Ventures) This article systematically reviews the three stages of Perp DEX evolution (dYdX/L2 validation → GMX/AMM rise → Hyperliquid/dedicated chain + CLOB dominance), comparing key trade-offs between AMM and CLOB in terms of cold start costs, scalability limits, MEV/liquidation, and margin efficiency.
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