Right now, among the top PerpDex platforms without a TGE, there's only GRVT left. EdgeX recently launched on Binance pre-market, and its current FDV is $700M. I just checked Polymarket, and GRVT's FDV is surprisingly low, starting at just $50M. Meanwhile, StandX, which ranks behind it, starts at $200M. This is clearly undervalued. The key point is that GRVT has announced a total fundraising amount of $31M, so estimating its FDV at $50M on Polymarket does seem too low. Even if it only reaches half of EdgeX's valuation, it would still exceed $300M. Feels like a good opportunity to snag something undervalued, but the trading volume is too low, and slippage is high. I only spread out $600U to buy. Overall, the odds aren't bad. Officially, they announced TGE in June, so let's wait three months for the results