How does Perp DEX compete with CEX?
A common topic, how should on-chain perp dex compete with other competitors, even CEX?

A common topic, how should on-chain perp dex compete with other competitors, even CEX?
The most discussed topic today is why @HyperliquidX is more successful than other Perps. Let me talk about $HYPE from my personal experience.
Pepe (PEPE) has seen a substantial increase in trading volume and price, influenced by Nascent's venture capital acquisition and heightened interest in the derivatives market. Analysts are optimistic about PEPE's future price potential if current bullish trends persist.
PEPE memecoin skyrockets with over 100% monthly growth and 1100% YTD surge, now third-largest memecoin at $6.2B market cap. Despite political ties and cultural significance, caution advised amid market fluctuations and competition.
PEPE is a MemeCoin launched on Ethereum in 2023. It has risen rapidly with the help of meme culture, but faces risks such as team theft.
Coinbase's delay in listing Pepe (PEPE) Futures sparks community speculation. Despite technical issues, PEPE rebounds amid spot market sell pressure. Community advocates for PEPE's spot listing on Coinbase as trading volume and market depth increase.
Two whales make significant purchases of Pepe (PEPE) coins totaling 560.2 billion, coinciding with an 11% price surge. The transactions, detailed by Spot On Chain, trigger speculation about market implications, with some seeing it as a sign of growing confidence while others remain cautious.
Synthetix is targeting a Q4 release for both the third version of its decentralized perpetual futures exchange and its newly announced front end, Infinex. Synthetix founder Kain Warwick said that the exchange could expand its offering — currently limited to perpetual trading — down the line.
Perpetual Futures DEXs are hot. Here are the protocols you need to know.