Recently, there has been a particularly hot voice in the market: a leading fund has newly invested in Genius Terminal, which many interpret as bad news for Aster DEX, and some even think that a certain big shot is abandoning Aster in favor of a new project.

Actually, there are some misunderstandings here. I directly asked Genius's marketing director a question everyone wants to know—

Since both Aster and Genius are working on perpetual contract DEXs, what exactly are the differences between them? Why would a fund invest in a second project that also focuses on Perp?

This answer is quite interesting and dispels many market misconceptions. The product positioning, technical solutions, and target users of the two projects are actually quite different.