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These days, I've been experiencing @edgeX_exchange
Subjectively speaking, as a new perp platform, EdgeX stands out in terms of interface interaction and system stability. The app is smooth, but the spread is a bit high. Also, most of the current platform activity comes from users farming airdrops to inflate volume.
Additionally, the liquidity in the small-cap derivative market is noticeably insufficient. In this environment, large funds usually remain on the sidelines and are hesitant to enter.
Whether this emerging platform can break the industry curse of "token launch equals peak" depends crucially on the real trading volume of altcoin contracts, the depth of open positions, and the optimization of bid-ask spreads.
With the TGE in December, let's wait and see.