Recently, the Perp DEX track has been really fierce, and this wave has made me exclaim 'involution ceiling'! 1. Hyperliquid and Aster - the first Rocket combination Hyperliquid (HYPE): Sitting firmly on the chain as a perpetual textbook level "king", with full speed, depth, and experience, its value is unshakable! Aster (ASTER): The multi chain flowering, high leverage+yield gameplay is too exciting, directly attacking the 10x+market trend. What's even more interesting is that on the fastest growing L2 chain, Base, the Perp track is still waiting for a leading king to ascend to the throne. 2. RollX (ROLL) - Base Chain Wear Watch Potential Stock? Recently, I noticed a new star project called RollX (Base native Perp platform), which was like a "plot kill" performance: After going online, it completely deviated from the routine: there was no smashing or running away, and the price steadily climbed from the opening price of $0.07 to $0.14+. The trading volume was high, the chips were super stable, and the circulation was small yet full of signs of manipulation by big players. Fundamental Full Pull: RollX follows the fully decentralized CLOB (Central Limit Order Book) engine, with a trading volume of over 22 billion US dollars in version v1. Currently, it is promoting the Spot+Perp unified order book framework, with ultra-low Gas fees and execution speed comparable to centralized exchanges, but the core DeFi self custody and composability advantages are not lost. The design of ROLL is also a plus point, as it is a token that combines governance and utility, binding transaction fees, incentivizing LPs, treasury allocation, and community governance, among others. 3. FOMO signal is full, the next station can be seen far away Recently, RollX has surged by 50% in the past 24 hours, with trading volume soaring to over 100 million dollars. The signs of overall small flow and stable market are very obvious, and the price has not even experienced a major correction, which is a typical prelude to a strong takeoff. With the dual buff of fundamentals and emotions, combined with the momentum of the entire Base Chain TVL and crazy user growth, RollX has great potential to compete for the "Perp King" position on the Base Chain! Looking at it optimistically, RollX may be able to break out of the low cap explosive curve like Hyperliquid, and even have the possibility of entering the Binance contract market, while ROLL becoming the next industry benchmark is not impossible! 4. The alarm bell of the Paradox incident: the importance of true decentralization Of course, not all Perp platforms are worth FOMO. Previously, the Paradox of the Starknet ecosystem collapsed due to a serious system vulnerability, forcing the chain state to roll back, which raised strong doubts in the community about the decentralized reliability of L2 Perp DEX. It has been proven that on chain security and decentralized control are the most important. RollX's positioning as an unmanaged platform hits the nail on the head in this regard.