Crypto Doesn’t Need Another CEX
summary
A Solana-based perpetual DEX claims to be the largest on-chain derivatives venue, live for about two years with 90% market share on Solana and $10B notional in six months, now on a V2 release. It offers on-chain perpetual swaps with cross-margin leverage, subsecond fills in demos, fully auditable order books, provable on-chain reserves to prevent rugs, deep liquidity, and streamlined wallet onboarding that moves custody from centralized exchanges to user-controlled wallets.
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