2026-01-13 22:38:40

Perpetual DEX Faces Post-Launch Reality Check

The perpetual trading platform that captured significant buzz throughout 2025—especially during its much-anticipated airdrop distribution in late December—is now confronting a challenging post-TGE landscape.

Since launching its token, the platform has experienced a noticeable pullback in perpetual trading volumes. Beyond volume metrics, other key performance indicators have similarly deteriorated, signaling a broader challenge in retaining initial market enthusiasm.

The decline highlights a recurring pattern in crypto markets: the often-steep gap between pre-launch momentum and post-token-release sustainability. While airdrop campaigns can drive significant user acquisition and excitement, converting that initial activity into sustained trading engagement remains a formidable test for emerging DEX platforms in the competitive derivatives trading space.

TOKEN3,38%

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LeverageAddict

· 18h ago

The pump-and-dump schemes for altcoins are back again; airdrops are just tools to scam money. --- Missing the chain after TGE, I've seen through this trick a long time ago. --- Volume drops straight down... That's why I only do spot trading. --- Perpetual trading platforms are all the same; once the hype dies down, no one uses them anymore. --- Another airdrop scheme to trap people, but there's no real trading demand... textbook case. --- The reality after TGE is a bit harsh; where's the promised breakout? --- That's why derivatives DEXs are so hard to build; it's too competitive.

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zkProofInThePudding

· 18h ago

It's the same old trick... Airdrop to a bunch of people, and they all leave after TGE. Watching the trading volume plummet linearly, it's really ironic.

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SilentObserver