X @Andy

Perps DEXs Analysis - Perps DEXs are considered a top-tier business within the cryptocurrency sector [1] - Their design tradeoffs appeal to technically skilled individuals [1] Key Considerations for Perps DEXs - It's crucial to ascertain the presence of an escape hatch mechanism [1] - Proximity to a centralized sequencer is advantageous for advanced market making due to latency considerations [1] - Understanding the implications of a "centralized matcher," where a single hardware machine handles order matching, is essential [1] - Differentiating between soft finality and hard finality is important [1] App-Specific Chain Thesis - Perps serve as a compelling illustration of the app-specific chain thesis [1] Additional Resources - Recommends reviewing content on The Rollup YouTube channel for understanding technical terms [2]