According to @KookCapitalLLC, Hyperliquid is still dominating protocol fee generation and they signaled $100+ coming in a post dated Aug 10, 2025. Source: Twitter/@KookCapitalLLC. Sustained leadership in on-chain fees typically corresponds to higher user activity, trading volume, and liquidity depth on a DEX, which can support tighter spreads and deeper markets. Source: Token Terminal metrics methodology. Before positioning, traders can validate fee share and revenue trends for Hyperliquid versus perpetual DEX peers using public dashboards. Source: DeFiLlama Fees and Revenue. Key trading checks include 24h and 7d fees, open interest, funding rates, and volume concentration on Hyperliquid relative to sector benchmarks. Sources: Hyperliquid analytics; Coinalyze derivatives data.

According to @ai_9684xtpa, edgeX generated 2.83 million dollars in protocol revenue over the last seven days, equal to 16 percent of Hyperliquid’s revenue in the same period, highlighting rising traction in on-chain perpetual DEX activity for traders to monitor, source: @ai_9684xtpa. The post states this seven-day revenue total places edgeX ahead of Ethereum ETH, Base, Solana SOL and Lido LDO on protocol revenue leaderboards, which is notable for market share tracking across on-chain derivatives, source: @ai_9684xtpa. It also notes Hyperliquid took three years to move from obscurity to a Top 4 position, while edgeX is roughly half a year old, indicating the competitive gap is narrowing within on-chain perps, source: @ai_9684xtpa.

According to @AltcoinGordon, $AMARA distinguishes itself with a fully public, onchain presale featuring no venture capital or insider allocations. As the first perpetual DEX targeting both carbon markets and synthetic assets, AMARA is now expanding into AI agent prediction markets, a rapidly growing sector. With real revenue generation from day one, this clean launch model could attract traders seeking transparent, decentralized opportunities. The unique focus on carbon and AI prediction markets may position AMARA for increased trading volume and liquidity, especially as ESG and AI trends intensify in the crypto market. (Source: @AltcoinGordon on Twitter, June 16, 2025)

According to @KookCapitalLLC, the founder of Solana publicly endorsed Hyperliquid, a rising perpetual DEX platform, highlighting its growing relevance in the decentralized trading ecosystem (source: @KookCapitalLLC, June 11, 2025). This endorsement could drive increased user activity and liquidity to Hyperliquid, potentially benefiting related tokens and the broader Solana (SOL) ecosystem. Traders should monitor SOL and perpetual DEX sector volumes for short-term volatility and opportunities.

According to @u03476923 on Twitter, the dYdX platform is currently distributing $2 million in monthly rewards, providing concrete incentive for active traders to participate. Unlike other perpetual DEXs such as Writer and Backpack, which have uncertain token generation event (TGE) timelines, dYdX offers immediate and verifiable trading rewards. This makes dYdX a more attractive platform for crypto traders seeking consistent returns from decentralized derivatives trading, as confirmed by dYdX’s official reward announcements (source: @dYdX, May 2025).

According to Ai 姨 (@ai_9684xtpa), following the recent incident involving Hyperliquid, there is speculation based on transaction records that a new perpetual decentralized exchange (DEX) may emerge on the Binance Smart Chain (BSC) ecosystem. However, official announcements from Binance should be prioritized for accurate information.

According to Crypto Rover, @LinearFinance has developed a perpetual DEX that caters specifically to traders' needs, featuring seamless multi-chain compatibility, one-click trade execution, lightning-fast deposits, robust security features, and a sleek, user-friendly design. The platform has been proven reliable since its inception in 2019.