.@SaiDotFun approaches perp execution differently, anchoring trades and liquidations to oracle pricing rather than local liquidity.@CryptoRick98 dives into the design and implications of this model in Messari’s latest report.Rick (@CryptoRick98):Perp DEXs are now the dominant venue for crypto leverage.As of Dec 2025, cumulative perpDEX volume reached $11.3 trillion, up over 653% on the year.@SaiDotFun is entering this market with a different approach to pricing, liquidity, and risk. https://t.co/707D4s44DN ...