People who have played several rounds of PERP DEX airdrops are probably familiar with that script: Open a bunch of points tasks, hint at future airdrops, and trade rebates to attract people. The liveliness is lively, but everyone knows in their hearts that this wave of people is motivated. As soon as the points stop and the airdrops are released, the liquidity and activity immediately evaporate. Hertzflow wants to take a different path, which is fundamentally different from traditional customer acquisition. The official does mention that the trading community will be developed through "invitation nodes". But the specific details of the referral mechanism have not been made public yet, so I do not intend to create a set of "invitation tutorials" to deceive you in this article What I want to talk about more is the underlying things: its growth, and what is the logical difference between it and the regular PERP DEX's new customer acquisition. The essence of attracting new customers on ordinary exchanges or PERP DEX is to "subsidize growth with tokens": relying on points, airdrop expectations, and rebates to attract users. The problem is that this often attracts "point farmers" and mercenary mobility - wherever there are subsidies, they go, which in turn gives rise to old habits such as brushing volume and witchcraft. And subsidies are limited, once they stop, the foundation of growth collapses. The difference with Hertzflow is that it ties the question of why people stay to real value rather than short-term games. Its LP income comes from real activities such as real transaction fees, lending interest, and trader losses, rather than relying on printing currency subsidies; More importantly, the platform only makes money when users are profitable, rather than relying on user liquidation for profit - this means that the interests of the platform and users are tied together. In addition, with full self custody, you don't have to hand over asset control to the platform at all. When a product relies on "real profits+alignment of interests+self trust" to retain people, its dependence on subsidies is naturally much smaller. So in my opinion, the real focus should not be on "what airdrop tasks are there to brush", but on whether the mechanism itself can continue to run. The growth supported by real use is the kind that can cross the subsidy cycle. DeFi BNBChain Perp @Hertzflow_xyz @EchoHunt_ai