This story was originally published on HackerNoon at: https://hackernoon.com/perpetual-dexs-are-not-one-category-anymore.
Perpetual DEXs are splitting into different categories: speed-first venues, liquidity, oracle-settled systems, and cost-predictable trading platform
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The next fight in on-chain derivatives is not only about speed. It is also about funding, liquidity design, oracle assumptions, and predictable holding costs.