@alm10
Market-implied FDV (≈ 1D post-launch):
• StandX: ~$850M
• Variational: ~$550M
• Paradex: ~$400M
• Extended: ~$350M
Current activity:
• StandX → $67M 24h vol | $16M OI
• Variational → $830M vol | $235M OI
• Paradex → $698M vol | $589M OI
• Extended → $688M vol | $126M OI
Most people hunt the hype while the real value is hiding in the data. Stop being "most people."
Look at the Volume/FDV ratio.
StandX is trading at a massive premium with almost zero relative activity. Meanwhile, Paradex and Extended are doing 2x the FDV in daily volume with a fraction of the market cap.
The biggest airdrops don't go to those who chase the highest valuation—they go to those who find the most efficient liquidity.
Stay early. Stay objective.
Would you like me to find more undervalued Perp DEXs with high Volume/OI ratios for your next thread?
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