{"id":50828,"date":"2025-10-02T20:02:03","date_gmt":"2025-10-02T20:02:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50828"},"modified":"2025-10-02T20:02:03","modified_gmt":"2025-10-02T20:02:03","slug":"analyst-predicts-which-crypto-will-win-perp-dex-war","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50828","title":{"rendered":"Analyst Predicts Which Crypto Will Win Perp DEX War"},"content":{"rendered":"
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Altcoin markets are bearing witness to a Perp DEX war, as the big guns battle for supremacy Perp DEX protocols just cleared a $1Tn month, and one analyst says the near-term winners are lining up.\u00a0<\/span><\/p>\n

Perpetual trading on decentralized exchanges just crossed a milestone: more than $1Tn in a single month. The surge highlights how fast on-chain derivatives are gaining ground, with traders now weighing which platforms could take the lead.<\/span><\/p>\n

The Block\u2019s <\/span>latest data<\/span><\/a> shows that September volumes for perpetuals trading on DEXs surpassed $ 1Tn for the first time, driven by a battle between Hyperliquid, Aster, and Lighter.\u00a0<\/span><\/p>\n

Crypto analyst \u201cUnipcs\u201d <\/span>said<\/span><\/a> today the market is \u201cbig enough to accommodate all three\u201d but argued the near-term setup favors Aster (ASTER) and ApeX (APEX).\u00a0<\/span><\/p>\n

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many think the perps DEX trade is done<\/p>\n

in reality, the leading perps DEX coins only cooled down a bit before making their next aggressive leg up<\/p>\n

\u2013 $ASTER<\/a> went from around $120m market cap to $3.8 billion in one week = a 3,200% rally
\u2013 $APEX<\/a> went from around $0.23 to $2.7 in one\u2026<\/p>\n

\u2014 Unipcs (aka ‘Bonk Guy’) \"\ud83c\udf92\" (@theunipcs) October 1, 2025<\/a><\/p>\n<\/blockquote>\n