Perpetual Protocol (Part 2)

Nov 10, 2021

∙ Paid

Welcome Avatar! In this post, we dive into a valuation on Perpetual and other DDEX alternatives dYdX, GMX and MCDEX.

Part 1: Our valuation uses a Price to Earnings analysis based on trading fees generated by the platform.

The protocol earns a 0.1% trading fee on all trades. Perpetual generated $31 million in fees YTD 2021 and $9 million in the last twelve…

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