Taking advantage of the opening of the White House in the past two days to anticipate a rebound in the market, let's talk about the main race track Perp Dex, which has been led by Hyperliquid and Aster If you, like me, regularly brush Defillama a a few times a week, you should notice that the top four Perp (Hyperliquid, Aster, Lighter, edgeX) have hardly changed in the past month or two, except that the four brothers have been going up and down there, and the 5-10 ones have hardly squeezed in because the difference in weight between the top four is too large Hyperliquid goes without saying, everyone on Earth knows it. Although Aster is roast by many people that the product is difficult to use, it has been regarded as a half CZ project by the market. I have communicated with the team about Lighter and edgeX, and today I will focus on edgeX It has a deep connection with edgeX, and the team is Amber Group and http://Amber.ac Deep incubation, my first full-time job in the industry (2022) was at Amber, and I still work there today http://Amber.ac Be an advisor. Last year at ABCDE, I had a conversation with the team and had a good impression of Founder and the team. Unfortunately, they did not raise funds at that time - you see, first tier VCs are just like second tier retail investors. Investing in zero value projects is like eating shit, and failing to invest in star projects is regrettable. The pain of Solana's early VC 2 selling for 100 times is similar to the pain of cutting meat on Giggle at 50 a few days ago, only to wake up the next day and see that the coin price was already 250. You slapped yourself angrily, TM, even if it's 250, the pain is also similar In addition to Defillama, Artemis, another data analysis website that I often use, opened it this morning and found that the data from edgeX is also very impressive - one Fee income ranks first in the entire network, and one net asset inflow ranks fourth The difference between technology and Hyperliquid is not particularly worth mentioning. EdgeX is StarkEX's ZK Rollup, calculated as Layer 2. Hyperliquid currently has four semi centralized L1 nodes, and the security of EdgeX is better, but the vast majority of users do not care too much about this difference. Because the experience of depositing funds, placing orders, completing transactions, and other aspects is extremely close to Cex on both sides, everyone can use it to complete the task. Hyperliquid takes the lead in the number of tokens, and the mainstream coins are a little deeper, but edgeX is much deeper, which also surprised me (I forwarded the edgeX report sent by Artemis two days ago and commented on it. I should have been impressed by Laotie. After reading the report, I went to both sides and looked at the lower picture and put it below). But to be honest, 99% of users should not perceive this difference, "A9 trader said. The maximum leverage of Hyperliquid is 40-50X, and edgeX can be opened up to 100X (Hyperliquid on the left, edgeX on the right) In addition to transaction depth and experience, there are two other points that must be mentioned One is the mobile app. I can't remember the last time I opened Binance and OKX on the web app, as almost all operations were done on the mobile app. Hyperliuqid has completely entrusted the development of the app to the ecosystem, and has also integrated front-end features such as Phantom Wallet. However, the current mobile experience is not yet perfect. EdgeX is made by the official team and has much better integration. It can be downloaded directly from the App Store and Google Play, and the experience is closer to Cex The second is the user's market making treasury returns (several have treasury designs similar to HLP), especially the system's "resilience" reflected in the treasury performance during the 10.11 grand calculation. The overall performance of eLP was the best among the major Perp Dex, except for Black Swan's daily earnings which did not outperform HLP. It can be seen that the earnings of other days before and after were significantly ahead (thanks to @ ruiixyz's chart) The team has quite a few actions ahead, including the planned TGE+L2 mainnet in December, spot CLOB DEX, and the announced token economics - net profit will be used to repurchase edgeX tokens; 100% of the net profit from transaction fees before TGE will be used for token repurchase Just the repurchase of commission net income before TGE, it is basically destined that the FDV of edgeX cannot be low. TVL has also been climbing steadily since July, and the recent data is explosive -124000 users, commission income of 65 million US dollars, and transaction volume exceeding 113 billion US dollars Whether you are using Perp Dex for score boosting or actually trading, currently, the points before edgeX TGE may have a higher cost-effectiveness. Anyway, the trading experience is similar, so it is better to consider higher returns. If you, like me, are used to trading on mobile apps instead of web pages, then edgeX is your best choice International practice, throw an invitation link. The old railway is worth trying, especially APP https://pro.edgex.exchange/referral/LAOBAI