According to @KookCapitalLLC, the market does not have enough perpetual DEX options and should return to the proliferation seen during the BSC fork DeFi Summer period, indicating a push for more on-chain derivatives venues (source: @KookCapitalLLC on X, Sep 21, 2025). According to @KookCapitalLLC, a cited example from that era was Hyrule Swap, where farming the Golden Rupee led to significant losses and the token ultimately went to zero, underscoring liquidity and tail-risk concerns for farm tokens (source: @KookCapitalLLC on X, Sep 21, 2025). According to @KookCapitalLLC, this highlights retail appetite for more perp DEX launches while simultaneously reminding traders that illiquid emissions tokens can rapidly collapse to zero, a material risk factor for strategy design and risk management (source: @KookCapitalLLC on X, Sep 21, 2025).