In the past 24 hours, the revenue ranking of a leading perpetual trading protocol has fallen out of the top five. This decline is mainly a short-term phenomenon, caused by the high trading activity of a certain memepad drawing away some traffic. From a longer-term perspective, this perpetual DEX still maintains the highest profitability in the market and remains competitive among all perp trading platforms. Although many competitors are making efforts in the market, this ranking fluctuation has not changed its core position in the DeFi trading ecosystem.

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