The future of institutional decentralized finance (DeFi)
author:A1 Research introduction Is the mass migration of institutional capital into DeFi inevitable?If you ask some of the world’s largest money managers, the answer is obvious: Scott Bessent – U.S.…
DEX trading volume hit a record high in the third quarter. What signal does it send?
In the third quarter of 2025,Decentralized exchange (DEX) spot trading volume reaches $1.43 trillion, recording strongest quarterly performance in history,Signaling a structural shift in the way cryptocurrency markets are priced.…
Bank Innovation: How Stablecoins and Tokenized Deposits Reshape the Financial Landscape
Author: David Dobrovitsky, compiled by: Shaw bitchain vision Evolution of bank roles For more than a century, banks have been the foundation of the financial system—managing deposits, promoting payments, and…
Perp DEX Season: Perpetual Contracts Storm the Crypto Market
Author: Sankalp Shanghairi, Source: Hashtalk, Compiled by: Shaw Bitchain Vision Create an atmosphere If you’ve spent a few minutes on crypto Twitter recently, you’ve probably noticed:The season for perpetual contract…
Why are all exchanges embracing Perp DEX crazy?
A sentence from Binance founder CZ, “Everyone wants to do Perp DEX”, reveals the hottest trend in the crypto market at present. This statement accurately captures the interweaving, competition and…
Technical Analysis HyperLiquid: Will the accumulation of technical debt affect ecological expansion?
Author: Haotian; Source: X, @tmel0211 The previous articles give you an impression, and I praise Hyperliquid all of them.That’s right, HL is indeed a role model in the transaction fee…
The on-chain perpetual contract track exploded, which one can you get to now?
Author: Yue Xiaoyu; Source: X, @yuxiaoyu111 I have sorted out the top ten platforms in trading volume, and I can tap into many opportunities: There are only four companies with…
Analysis of the second strategy of coin-stock linkage: The ultimate logic is the explosion of community-based value
Author: Zhang Feng We are standing at the dawn of a financial paradigm migration.The boundary between traditional finance (TradFi) and crypto finance (DeFi) was once like a wall of iron,…
Perp DEX persistence is doubtful: Hyperliquid and Aster are accidental
Author: Haotian; Source: X, @tmel0211 Honestly, IDon’t thinkJust based on Hyperliquid’s success template, Aster’s pull-up effect and Lighter’s Farm boom and other indicators, we can judge the sustainability of Perp…
Opportunity to reverse PERP DEX from CEX: That’s the moment.
Author: Encryption; Source: X, @thecryptoskanda In the past two days, many teachers have seen Fomo Perp DEX track because of Aster. But to be honest, there is no need to…
















