Alvin Lang
February 10, 2025 05:06
The decentralized financial sector is witnessing a transformative growth with the increase in perpetual dexs such as hyperlichid and bluefin, revolutionizing commercial models and improving the user experience.
The Decentralized Finance Sector (DEFI) has suffered a significant transformation since the beginning of UNISWAP in 2018, which introduced automated market manufacturers (AMMS) in the cryptography trade panorama, according to Coinshares. Although centralized exchanges were initially favored by their liquidity and easy -to -use interfaces, concerns about centralized control and security vulnerabilities have promoted the demand for decentralized alternatives.
Challenges with AMMS
Despite its innovative approach, AMM -based exchanges have faced several criticisms, including impermanent loss, high slip and the absence of advanced commercial options such as limit orders and leverage. These limitations have created opportunities for the emergence of perpetual decentralized exchanges (perp dexs), whose objective is to address these gaps, particularly in leverage trade.
Increased perpetual dexs
Perpetual futures contracts gained popularity in centralized exchanges due to their flexibility and leverage capabilities. However, its adoption in Defi was initially hindered by liquidity and latency problems. The landscape began to change in 2024, with perpetual dexs experiencing a meteoric increase. Platforms such as Jupiter and Drift, based in Solana, saw an explosive growth in negotiation volumes, driven by the negotiation and prediction markets of Meme-Coin.
Hyperlichid success
Hyperliquid has emerged as a prominent in the perpetual space DEX, taking advantage of its high -performance layer 1 chain to offer robust commercial solutions. Its ecosystem includes tools such as Hypurrfun and Hypurrscan, improving user experience and driving adoption. The strategic approach of Hyperliquid in neutrality and decentralization echoes the spirit of Bitcoin, which contributes to its meaning increased volume.
Bluefin’s growth trajectory
Bluefin, another promising perp, has shown adaptability when making the transition through ecosystems, from Polkadot to the referee and, finally, to Sui. Using sui movements based technology, Bluefin aims to offer rapid and efficient commercial experiences. Despite facing sui assessment and adoption challenges, Bluefin’s strategic approach in improving user experience positions for potential growth.
Recommendations for Dex Development
For sustainable growth, Dexs is advised to avoid the market of their own assets, since this can cause reputation damage if the strategies fail. On the other hand, encouraging professional market manufacturers through transparent mechanisms can improve liquidity and commercial experiences. In addition, enabling trade without permission can support the discovery of prices for new tokens, foster community participation and innovation.
Conclusion
The evolution of the Defi sector is marked by the emergence of perpetual dexs, which are remodeling the commercial landscape with innovative solutions. As platforms such as Hyperliquid and Bluefin continue to boost growth, the approach remains to address inherent challenges, improve user experience and promote sustainable development through strategic innovations.
Image Source: Shuttersock
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