Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Perpetual DEX data comparisons have always been very telling. Looking at the latest annual data released by dYdX, we can feel the impact: a trading volume of $1.55 trillion, protocol fees generated of $64.7 million, and staking reward distributions of $48 million. These achievements were realized without aggressive liquidity farming activities, which is quite impressive for an established perpetual derivatives platform. More interestingly, this reflects the market's ongoing demand for stable, mature DEX products. In the highly competitive derivatives sector, maintaining such growth momentum and fee scale indicates a strong user base stability and ecosystem resilience.
---
You can stabilize without reckless bombing of points, which shows that product strength is the key
---
Fee generation is approaching 70 million, the moat of old platforms is indeed solid
---
Regarding stable demand, the derivatives track has been thoroughly understood; the羊毛党 (scam artists) can't hold onto real money
---
If this data had been available two years ago, it would have been overwhelmed by new project incentives long ago
---
You can run without farms, this is truly a demonstration of ecological resilience
---
1.55 trillion? Honestly, it's a bit scary, but the fees are only over 60 million... feels like we've been heavily exploited by the vampires.
---
That's why I say true consensus needs time to build; it's not just about the coin price bouncing a few times.
---
Wait, staking distribution of 48 million is less than half of the fees? I need to calculate this yield.
---
I've heard this word "stability and resilience" many times, but the key is whether the next bull market can hold up.
---
I just want to ask, can this data be reproduced? Or is it only dYdX that’s eating so well?
---
Re-entering after a breakout, I’m too familiar with this routine, but this time it seems like there was no breakout at all, why does it keep getting more attractive?
---
From a market analysis perspective, this is probably a signal of ecosystem bottoming out, right? Hold your position and watch.