A major decentralized derivatives protocol is handling $3 billion in daily perpetuals volume while eliminating gas fees per transaction. Recent on-chain metrics show a positive flip in cumulative delta volume last week, signaling genuine directional accumulation rather than algorithmic trading noise. The native token at $25 is capturing validator fee distributions from roughly $220 million in annual liquidation revenue. Meanwhile, most other decentralized perps platforms have collapsed or faded away attempting to build similar infrastructure.
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MysteryBoxOpener
· 23h ago
Daily average trading volume of 3 billion with zero gas fees? This is the real perp killer, how are other platforms surviving?
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Whale_Whisperer
· 23h ago
300 million daily trading volume with zero gas fees—that's the real blow to the competition.
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NFTFreezer
· 23h ago
300 million in daily trading volume isn't a big deal; the key is surviving until now without dying, and that's winning.
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TopEscapeArtist
· 23h ago
Hmm... Watching the positive reversal of the cumulative delta is indeed interesting, but we need to be cautious about whether this is just another false signal from an emotional indicator.
$3B daily trading volume sounds impressive, but I'm more concerned about whether this $25 token can hold the technical support level. Don't let it be another high-level accumulation trap.
As for the $220M liquidation fee distribution... it sounds tempting, but they've said the same thing before all-time highs, and what happened? It all collapsed.
We need to see if the head and shoulders pattern has formed and how to set the stop-loss level.
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GasFeeNightmare
· 23h ago
Wow, $220M liquidation fee dividend, this is true value capture.
A major decentralized derivatives protocol is handling $3 billion in daily perpetuals volume while eliminating gas fees per transaction. Recent on-chain metrics show a positive flip in cumulative delta volume last week, signaling genuine directional accumulation rather than algorithmic trading noise. The native token at $25 is capturing validator fee distributions from roughly $220 million in annual liquidation revenue. Meanwhile, most other decentralized perps platforms have collapsed or faded away attempting to build similar infrastructure.