This data is pretty heartbreaking; out of seven perp DEX projects, only two are viable—ASTER and EDGE are truly strong, while the others were cut off at the start.

Wu Shuo learned that, according to CryptoRank io data, among the 7 Perp DEX tokens that conducted TGE in the past year, only ASTER and EDGE projects achieved an increase in FDV (Fully Diluted Valuation) after TGE. Among them, $ASTER experienced the highest increase of 269%, with FDV rising to $5.52 billion; $EDGE increased by 114%, with FDV reaching $1.4 billion. In contrast, five tokens including BASED, ROLL, BP, LIT, and DIME performed poorly after TGE, with FDV declining by 32% to 55%.