2026-01-16 10:23:39

The community has recently been discussing an interesting phenomenon: more and more perpetual contract traders are shifting their main focus to on-chain DEXs.

The logic behind this is actually quite straightforward. The growth of Perp DEXs has been astonishingly rapid—trading volume continues to hit new highs, and daily active users are steadily increasing. More importantly, those longstanding issues such as execution speed, slippage control, and trading costs have all seen significant improvements.

As these technical barriers are gradually eliminated, on-chain DEXs are no longer just an alternative option "out of necessity." Instead, they have become a real battleground where strategies can be deployed seriously and trading systems meticulously refined. This shift actually reflects the rapid maturation of the entire decentralized trading ecosystem.

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MerkleTreeHugger

· 21h ago

Slippage has really improved a lot, but I still think the liquidity depth of CEX can't be beaten. Perpetual DEXs have only become popular in the past two years; how long they can last remains to be seen. Speaking of which, this wave is indeed a real battlefield, unlike before when players had to. However, if you ask me, many people are still discouraged by trading fees; there's still room for optimization in transaction costs. The experience has definitely been much better than last year, but the liquidity depth still lags behind CEX. The real test is during a bear market; it's easy when it's hot now, but we'll see when no one is trading anymore.

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SignatureCollector

· 21h ago

Really, now on-chain Perp is no longer just a substitute, it's starting to have some flavor.

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MetaReckt

· 21h ago

Really, now on-chain Perp is finally not something used only as a last resort. It feels pretty good. Decentralized trading is definitely maturing, with execution speed and slippage no longer being nightmare-level issues. Now we can focus on strategy. But it depends on whether it can truly stabilize in the future, and not crash again. The ecosystem has matured quite quickly this time, which is a bit unexpected. By the way, which Perp DEX are you mainly using now? Or are you spreading risk across multiple chains?

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SerNgmi

· 21h ago

Brothers have really all moved to on-chain DEXs, the slippage issue has indeed been resolved a lot Wait, can this really beat centralized exchanges? I'm still a bit skeptical Perp DEX has been popular for so long, but I still feel like some people are losing money, haha An on-chain trading ecosystem is a good thing, but what about gas fees, brother Honestly, after using it for so long, I still feel there's a gap in speed and stability Perpetual contract traders switching to on-chain DEXs, is this time really different?

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