A DEX trading platform has raked in over $317M in cumulative revenue across three years—quite the track record. Here's what caught our attention: perpetual futures trading dominated the earnings mix, pulling in roughly $200M on its own. That's substantial. Meanwhile, solid cash flow generation combined with aggressive token buybacks ($37M worth, equating to 178M tokens) paints a picture of a platform doubling down on value creation. The buyback strategy signals confidence in long-term positioning and provides some support for token holders banking on the project's trajectory.