Prediction markets and perpetual DEXs have become two of the most promising tracks in Web3. Many projects have not yet issued tokens, and airdrop expectations are becoming a focal point for the community.

**A quick overview of the prediction market ecosystem**: PolyMarket, as a leading platform, has long held a significant market share, but the competitive landscape is changing. New players such as Kalshi, Opinion Labs, Noise, Earlybird, XO Markets, and others are continuously entering the scene, each exploring differentiated approaches—some focus on native on-chain experiences, while others target specific prediction categories. Projects like Triad, Reppo, Multiplier, Sapience, Melee, Probable, and Predict Fun are seeking growth opportunities within niche segments, demonstrating a multi-chain, multi-mode ecosystem development trend.

**Regarding perpetual DEXs**: Platforms like Cascade, Paradex, Backpack, Bullpen, Decibel, RISEx, and others each have their own focus—ranging from trading depth, user experience, fee structures, to leverage modes. Product iteration speeds are noticeably accelerating. Most of these projects are in early stages, involved in fundraising and testnet operations, with potential airdrop opportunities attracting many participants.

A common feature of these two tracks is: numerous projects, an ecosystem still in exploration, and token economic models not yet fully finalized. For the community, understanding the progress of these projects and engaging in ecosystem interactions may be key to seizing future airdrop opportunities.