2026-01-06 00:23:08

Perp DEX track is at the forefront of capital-intensive opportunities, and the narrative of privacy coins will become increasingly prominent as market cycles progress.

Take a close look at the key support points of this project: self-built L1 ecosystem, the core competitiveness of Perp derivative DEX, and the underlying capital support system. This combination is rare in the current market environment.

Recall the growth path of $BNB — from an obscure $0.1 to a giant ecosystem today. How many people truly understood its potential back then? While the course of history may not repeat exactly, similar logic often reappears in different projects.

Compared to the last cycle, market participants are more mature, and capital flows are smarter. Against this backdrop, projects with genuine technological moat and ecological imagination may perform even more wildly than expected. Stay tuned for further developments.

BNB-0,22%

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FlatTax

· 01-08 21:59

Talking about BNB again, can it be replicated this time? Honestly, it's a bit uncertain.

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Hash_Bandit

· 01-08 21:20

ngl the bnb comparison hits different when you actually ran the numbers back then... but yeah, perp dex + privacy narrative combo is getting spicy. just don't sleep on execution risk—plenty of projects had the moat, none had the staying power. watching this space carefully.

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SandwichDetector

· 01-08 19:00

It's the same old BNB analogy... That said, building your own L1 + Perp combo does look a bit different, but how many of them can really survive?

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ContractTearjerker

· 01-08 03:20

Here we go again, comparing to BNB. I just want to ask, is there really a moat this time or is it just storytelling?

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GateUser-75ee51e7

· 01-06 00:53

It's the same old pattern of building your own L1 + DEX. Every round, someone praises it like this. What happened to the projects that said the same thing last time?

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NFTRegretter

· 01-06 00:50

It's the same narrative again: Perp DEX, L1 ecosystem, moat... They all sound right, but I don't know if the next one will be BNB or the next failure.

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SnapshotDayLaborer

· 01-06 00:43

It's another BNB analogy; I've heard this set of arguments too many times haha. Perp DEX indeed attracts funds, but I still have some reservations about the privacy coin narrative. With so many projects building their own L1s, how many have truly stood out? The moat and ecosystem imagination sound good, but ultimately it depends on real user data. No matter how impressive the combo on paper, without genuine trading volume, it's all talk. It's worth following, but don't go all in.

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GhostChainLoyalist

· 01-06 00:42

It's really just a BNB replication script, but the key is whether the ecosystem can truly get off the ground.

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SmartContractDiver

· 01-06 00:35

It's another BNB benchmarking argument; this rhetoric has become tiresome, but Perp DEX does have some substance. Building an L1 + derivatives DEX independently is indeed rare; just not sure if it can succeed. Are investors getting smarter? I think it's more about gambling.

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MetaNeighbor

· 01-06 00:31

It's another self-built L1 setup, sounds familiar. It seems like every project this round wants to copy the BNB story.

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