The Perp DEX Liquidity Wars: A Deep Dive
Perpetual futures on-chain have exploded. We break down the liquidity mechanics, protocol design trade-offs, and where the real edge is for traders and LPs alike.
RT
Research Team
Mar 15, 2026 · 8 min read
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1 article
Perpetual futures on-chain have exploded. We break down the liquidity mechanics, protocol design trade-offs, and where the real edge is for traders and LPs alike.