Perpetuals DEX Myth-Busting: What Decentralized Perpetuals Actually Deliver — and Where They Don’t
Startling claim: a decentralized perpetuals exchange (perp DEX) can match many core execution and feature characteristics of a centralized venue while keeping every trade and liquidation on-chain. That sounds like a paradox because the usual story has been “CEX speed and UX vs. DEX transparency.” Yet platforms built on trading-optimized L1 architectures have closed much […]