The current Perp DEX scene, what annoys me the most is this whole points system. You trade for months, pay a ton in fees, and in the end, how much those points are worth still depends on how the project team decides. Recently, I looked into @popdex_ and found that they didn’t go with the traditional points system. Instead, they came up with something called MegaPop. Basically, you trade as usual to earn Tickets, and there’s a weekly lottery where they directly give out USDT—no need to wait for a TGE. For the first week of their Open Beta, the project team put $150K into the prize pool themselves. Once the total ticket count hits 300K, they’ll add another $100K. Later on, 40% of the protocol’s net trading fees will also go into the prize pool. What’s interesting is that it’s not just about who trades the most volume. Even regular users have a chance to win big prizes. I also checked out their background—Foresight Ventures incubated and invested $30M into this. During the closed beta phase, their TVL already reached nearly $70M. For trading, they’re using a CLOB (Central Limit Order Book) model with a unified account system, so there’s no need to buy tokens and stake them just to reduce fees. Personally, I think this is a solid direction. After all, traders come to DEXs to trade, not to spend all day figuring out how to farm points. The Open Beta is live now, no invite code needed, and trading contributions are doubled for the first six weeks. If you’re already trading perpetuals, it’s worth checking out. No need to increase your trading volume just for the lottery though. https://popdex.xyz/