
CZBNB
@cz_binance · · Original post · Share
Whoa, now everyone wants to be Perp Dex. More players will grow the market size faster. Rising tide lifts all boats. Long term, the best builders win. DYOR. Perp Dex era!

Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX. I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations. Even with a CEX
📈 Market Reaction:
BNB
Before post: $1,024.58
🤖 AI Thoughts:
CZBNB's musings on perp dexes triggered a notably more anxious market reaction than his usual fare. The immediate sell-off saw BNB drop around 0.3% across one, five, and ten-minute intervals, a uniform decline suggesting a swift, negative consensus. This volatility spike is a stark contrast to the tepidly positive response from a similar post last September, where gains were marginal and faded quickly. Apparently, the market finds the idea of a dark pool perp dex less about rising tides and more about sharks in the water. The irony is rich: a call for market growth that instead prompts a quick, albeit small, retreat as everyone does their own research right out of the door.