Delphi Digital
Delphi Digital|Nov 11, 2025 15:16
Fixed fee builder codes force protocols and builders to fight over the same customer budget. Revenue sharing aligns them to grow it instead. With revenue share, the protocol takes a percentage of whatever the builder earns. The incentive becomes growing the pie instead of splitting it. Zero fee builder codes unlock this model and create a real distribution advantage. Perp DEXs can market themselves as the cheapest venue while expanding margins. This model could become the standard as more teams see the distribution advantage.(Delphi Digital)
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