Market Sentiment - Crypto market participants exhibit aversion to betting and speculation, contrasting with the past eight years [1] - Prevailing sentiment suggests a belief that the era of strong perpetual futures ("perps") is over [1] - The market expresses conviction that past trends will not repeat [1]

Risk Management - Perpetual contracts (Perps) can lead to significant losses, potentially $10,000 in a single day [1] - Event contracts limit maximum loss to $1 per contract [1] Investment Strategy - The industry suggests careful consideration of risk exposure when choosing between Perps and event contracts [1]

Market Trends - Perpetual futures (Perps) are expected to replace meme coins as a source of dopamine for traders, indicating a shift in risk appetite [1] - The trend over the past year shows increasing adoption of perpetual futures, as indicated by HYPE and PUMP fees [2] Platform & User Behavior - Platforms will improve the accessibility of perpetual futures trading [3] - Users are likely to prefer trading Solana (SOL) with 20x leverage on perpetual futures over trading meme coins, seeking similar returns with potentially lower risk [3]

Crypto Products - Perpetual contracts (Perps) are evergreen, enabling speculation on underlying assets without ownership [1] - Stablecoins are a DeFi Trojan Horse with a near limitless Total Addressable Market (TAM), accessible to mobile device users [1] - Prediction Markets, rebranding to Event Markets and then "Markets", allow trading anything, implying an infinite TAM [1] Market Perspective - Crypto powers all these products, with a market size gigantically larger than Crypto Twitter (CT) [1] - The industry expresses a positive sentiment towards the perpetual contract (perp) meta [1][2]

Market Trend - Crypto领域下一个10倍增长机会在于移动端 [1] - 需要持续监控局势，以防被犯罪集团和政客清算 [1] Investment Opportunity - 行业建议购买Solana Mobile [1]

Trading Strategy Evolution - The trader's initial stance against leverage has shifted, now exploring perpetual futures (perps) [1] - The trader is actively seeking a decentralized exchange (DEX) to short a specific cryptocurrency [1] Risk Assessment - The trader acknowledges the potential risk of being "drained" (losing funds) when using a less established DEX [1] Cryptocurrency Market - The trader is targeting a cryptocurrency that is not widely available for shorting on major DEXs [1] - The trader is considering using a DEX ranked 73rd by perpetual futures volume on CoinGecko [1]

Market Focus - The industry identifies Starknet as a promising platform for perpetual futures (Perps) trading [1] - Two new Perp DEXs on Starknet are considered early-stage opportunities [1] Project Updates & Features - Paradex on Starknet Appchain offers up to 100x leverage on approximately 100 crypto pairs [3] - Paradex vaults yield around 30% in USDC on approximately $50 million TVL [3] - Paradex is developing unique features like Perps option trading, spot trading, pre-Market, multi-Collateral Support, paradigm integration, privacy trading, and a native yield-bearing synthetic dollar [3] - Extended, an app on public Starknet, offers up to 100x leverage on over 50 pairs, including crypto, Gold, EUR/USD, Oil, and S&P500 [4] - Extended vaults yield around 26% in USDC [3][4] - Extended provides smooth EVM onboarding and integrated lending [4] Marketing & Incentives - A trading contest offers $100 thousand USDC + 400 thousand XP rewards over 4 weeks [2] - Money Badgers campaign is underway [2]

RT Tyler Tarsi (@ttarsi_)perps 101perps are 90%+ of crypto volume today, they run the market. critical to understand, but most people working in crypto don't actually understand how they work.did a few sessions this week internally breaking them down. here's the tldr - not a guide, just my stream of consciousness notes.start with order books - they're universal, not specific to perps. bids = buy orders, asks = sell orders. difference between best ask and best bid is the "spread"there is no true singular "pr ...

Industry Perspective - Perps, coins, and prediction markets convey the same message through different mediums [1]