A project has been dormant for quite a long time, but recently it suddenly started to move again. Previously, it focused on on-chain order book trading, but it seems that couldn’t hold up anymore, so they pivoted directly to perpetual contracts. To be honest, the order book DEX route has always been difficult, with liquidity and user experience unable to compete with AMM. Switching to perp now is also following the market trend. However, surviving is good enough, much better than completely shutting down.

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SchrodingerWalletvip
· 12-12 05:20
Playing dead and coming back to life—this is a common tactic in the crypto world. As long as the pivot can save the day, that's what matters.
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AltcoinTherapistvip
· 12-11 14:57
Switching tracks, just switch tracks. Anyway, no one really uses the order book DEX system, at least perp still has some popularity.
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NFTRegretDiaryvip
· 12-11 14:56
Look at that turnaround speed, how awkward it is. I really don't understand that order book strategy.
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GateUser-a5fa8bd0vip
· 12-11 14:54
Haha, another one who changed careers. Order books really can't compete with AMM, and switching to perp is probably also out of necessity, right?
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digital_archaeologistvip
· 12-11 14:41
Hey, this project has been a real hassle. The order book approach should have been abandoned long ago. It's a bit late now to switch to perp.
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OnChainSleuthvip
· 12-11 14:39
The order book system really hasn't been implemented before. Now switching to perp is also a smart move, after all, being alive is better than being dead.
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GhostInTheChainvip
· 12-11 14:38
The order book system really doesn't work well, and switching to perp is also an unavoidable move. But these kinds of projects are better alive than dead, right? Let's see if they can really come up with something substantial later on.
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