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2025’s Perp DEX Wars: New Money, New Tech, No off-Switch

Perpetual futures have become crypto’s main event, and the perp DEX wars—led by Hyperliquid, Aster, GMX, DYdX, ApeX, Drift, Jupiter, EdgeX, and Sunperp—are where the action won’t quit. From Order Books to Onchain: Inside...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

2025’s Perp DEX Wars: New Money, New Tech, No off-Switch
Perpetual futures have become crypto’s main event, and the perp DEX wars—led by Hyperliquid, Aster, GMX, DYdX, ApeX, Drift, Jupiter, EdgeX, and Sunperp—are where the action won’t quit. From Order Books to Onchain: Inside 2025’s Perp DEX Dogfight Perpetuals are derivatives without an expiry; funding payments between longs and shorts keep contract prices tethered to […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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