2026-01-13 22:38:40

Perpetual DEX Faces Post-Launch Reality Check

The perpetual trading platform that captured significant buzz throughout 2025—especially during its much-anticipated airdrop distribution in late December—is now confronting a challenging post-TGE landscape.

Since launching its token, the platform has experienced a noticeable pullback in perpetual trading volumes. Beyond volume metrics, other key performance indicators have similarly deteriorated, signaling a broader challenge in retaining initial market enthusiasm.

The decline highlights a recurring pattern in crypto markets: the often-steep gap between pre-launch momentum and post-token-release sustainability. While airdrop campaigns can drive significant user acquisition and excitement, converting that initial activity into sustained trading engagement remains a formidable test for emerging DEX platforms in the competitive derivatives trading space.

TOKEN0,77%

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CryptoFortuneTeller

· 01-16 22:35

It's the same old trick again. When airdrops happen, crowds flood in, and as soon as the tokens are distributed, the price plummets, and trading volume disappears in the blink of an eye... This perpetual DEX really pulls.

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GateUser-7b078580

· 01-16 01:17

Data shows that the air coin scam is happening again. If I had known earlier, I wouldn't have waited for that broken airdrop. --- However, I have long observed that this kind of TGE crash pattern is predictable. Trading volume declines linearly on an hourly basis, and the historical lows are still far away. --- Wait a bit longer. The mechanism that will eventually collapse is not reasonable to enter now. --- Miners are paying too much gas fees, retail investors have already fled, and there's no hope for sustainability. --- A typical airdrop harvesting scheme. Once the hype dies down, the truth is revealed.

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LeverageAddict

· 01-13 23:08

The pump-and-dump schemes for altcoins are back again; airdrops are just tools to scam money. --- Missing the chain after TGE, I've seen through this trick a long time ago. --- Volume drops straight down... That's why I only do spot trading. --- Perpetual trading platforms are all the same; once the hype dies down, no one uses them anymore. --- Another airdrop scheme to trap people, but there's no real trading demand... textbook case. --- The reality after TGE is a bit harsh; where's the promised breakout? --- That's why derivatives DEXs are so hard to build; it's too competitive.

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zkProofInThePudding

· 01-13 23:07

It's the same old trick... Airdrop to a bunch of people, and they all leave after TGE. Watching the trading volume plummet linearly, it's really ironic.

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SilentObserver