2025-12-10 15:30:31

The operation in the perpetual contracts track, to be honest, has been PUA for quite a while, hasn't it? Various projects are holding back on issuing tokens, and user expectations have already been maxed out. But think about it, isn't this script somewhat familiar? Wasn't it the same during the Restaking wave and the surge of L2 projects?

Now, so many Perps platforms are emerging in the market, with highly overlapping business models. The real question is—how many perpetual contracts protocols does the market actually need? I bet only one or two will survive in the end. The rest? You know what I mean.

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WhaleShadow

· 12-10 16:00

Isn't it just a money-grabbing scheme with a new disguise? After using Restaking, switch to Perps; anyway, the newbies have a bad memory.

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ZenChainWalker

· 12-10 15:57

Hi again, it's the same old story. The Token economy is really messed up. --- With so many Perps platforms, in my view, they are just talkative on the surface but soft inside, and in the end, many will die. --- If this trend continues, how many projects will have to shut down... --- PUA has been around for so long and still hasn't issued a token? That's absurd. --- I just want to know, among all these Perps protocols, how many will ultimately survive without being eliminated. --- Restaking is also causing fuss now, what's the current situation, you tell me. --- Betting on who will survive, I bet no more than two, the rest are just bystanders? --- Business models are copy-pasted, where's the differentiation, huh. --- Wait, does that mean perpetual contracts will also undergo a major reshuffle? --- This time it's even more outrageous than before, project teams are all playing psychological warfare.

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ProofOfNothing

· 12-10 15:51

I'm tired of this routine in the crypto circle, Perps coming around again? Really, I've seen it too many times. Waiting for coins until the end of time, in the end, only those two companies survive, everyone else gets buried. Restaking and L2 have both been through death once, how are there still people rushing in? This track will eventually turn into a slaughterhouse, just watch. To put it plainly, it's a gamble on who can survive until the end, everything else is just a waste of time.

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SignatureCollector

· 12-10 15:51

This tactic is really played out, Restaking, L2, and now Perps again, it's always the same old story. A bunch of projects are desperately holding onto their prices, just trying to tease investors. In the end, there will probably only be one or two that survive, while the others all go down with the ship. I'm willing to take this gamble.

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