HYPE vs LIT: Perp DEX Rivalry Heats Up as Incentives Shift – Here Is the Outlook

The competition between HYPE and LIT, two prominent decentralized exchanges (DEXs) operating in the perpetual trading space, is intensifying as the landscape of incentives for users undergoes significant changes. This evolving rivalry not only highlights the dynamic nature of the decentralized finance (DeFi) ecosystem but also raises important questions about which platform will ultimately capture the interest and loyalty of traders. In this analysis, we will explore the current strategies employed by both exchanges, the implications of shifting incentives, and provide insights into the future outlook for HYPE and LIT in the rapidly developing world of decentralized trading. source: https://blocknews.com/hype-vs-lit-perp-dex-rivalry-heats-up-as-incentives-shift-here-is-the-outlook/