Kevin (shardpilgrim)

Kevin

๐Ÿ’ช Seoul:: Mechanism designer:: stablecoins & security

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The Perp DEX Boom is Here! Hyperliquid, Lighter, Avantis and others are making big moves: ๐Ÿ“Œ Key Highlights Hyperliquid ๐ŸŸข Custom Layer-1, sub-second matching, ultra-low fees, strong liquidity & volume, aggressive $HYPE buybacks. Lighter ๐ŸŸข Zero fees (maker & taker), zk-rollup based, volume growing fast but large orders face liquidity issues. Avantis ๐ŸŸข Brings RWAs (FX, commodities, stocks), high capital turnover, but TVL remains low. Aster ๐ŸŸข On BNB Chain, strong early trading & token performance, but TVL fell as incentives weakened. Bullet ๐ŸŸข Solana-based, aiming for 2ms latency, integrates perp + spot + lending, still in testnet. โš–๏ธ Opportunities vs Challenges โœ… Traffic & incentive tailwinds remain โŒ Incentive drop-off, liquidity gaps, and sustainability concerns ๐Ÿ‘‰ Future Outlook: Likely consolidation ahead ๐Ÿ’ฌ Which one do you back? ๐ŸŸข Hyperliquid ๐Ÿ”ต Lighter ๐ŸŸ  Avantis ๐Ÿ”ด Others

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๐Ÿ”— TRON Ecosystem: BTFS Governance Upgrade (BTIP-103) Goal: improve decentralized storage governance. Feature: BTFS clients can directly fetch provider addresses from chain. Status: draft phase, open to GitHub community input. Strengthens BTFS role as core TRON infra for decentralized storage.

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Looks so peaceful under the blanket. Good night ๐Ÿ’™ Stay Based @base.base.eth @baseapp.base.eth

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