edgeX’s path from perp DEX to a Layer 2 network, plus EDGE token details.Rick (@CryptoRick98):edgeX is evolving from a liquidity-first perpDEX into a markets-focused layer 2 network.My latest report from @MessariCrypto delves into what is happening now and what the future holds for @edgeX_exchange. https://t.co/AtLk2Rroal ...

Core Insights - In October, Perp DEX trading volume exceeded $1.7 trillion, marking a new high for four consecutive months [1] - Aster contributed $820.8 billion in trading volume, while Hyperliquid reached $317 billion, Lighter $272.5 billion, and edgeX $137.5 billion [1] - The number of monthly active users for Perp DEX reached 64,600, with total positions amounting to $559.1 billion, both setting historical records [1]

Two years ago I was farming 60+ protocols across 10 chains.Some paid off like Etherfi and Kamino, while others flopped such as Stacks, Sei, Blast, and Injective.The era of spreading capital thin and hoping for big airdrops is (clearly) over.That makes life harder for smaller and less funded ecosystems.Before, they could launch points campaigns and attract liquidity and attention.Now they need real budgets for InfoFi platforms, KOLs campaigns on X, Echo/Legion/Kaito sales, and backdoor deals with 'vault mana ...