Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Forwarded from ComeCircle Musings
whoever you are - you dont enough ETH and BTC
happy national day to all my fellow singaporeans !

have a great day everyone 🤠
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imo perp dexs will be one narrative to watch the next bull and it’ll be one i’ll try to position for

to my knowledge perp dexs narrative hasn’t gone for a run yet/run for long while

insane amount of perp dexs launching to vie for market share

decreasing confidence in cexs after troubles across multiple cexs leading to an eventual shift to perp dexs

meanwhile we’ve barely scratched the surface w perp dexs only doing 2% of perp cexs volume (last i saw) and it was on an increasing trend

important factors:
1) UI/UX (account abstraction, ease of trading, etc.)
2) deep liquidity (important)
3) offerings (how many pairs)
4) token model (rev share etc)

come the next bull, we are long degenerate and greedy humans aka greedy traders high lev longing and punting every coin in existence (other than gambling in gamblefi)

pretty sure we’ll see perp dexs pop more

deep liquidity will remain the moat for perp dexs ( brought about by community ) but i think gmx might have a hard time clinging onto their seat
if you dont know where the yield is coming from, you are the yield

https://twitter.com/degenspartan/status/1688858548418338816
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