2025 was the perp DEX volume war.
2026 is the perp DEX product/infrastructure war.
I filtered the most important updates so you can save time researching every perp DEX yourself.
This should help you quickly see who is building what, how they differ, and which DEX fits your needs best.
Perp DEXs used to compete mainly on volume, liquidity, fees, and execution.
This year, the battle is expanding across several new product layers.
❯ Permissionless markets
@HyperliquidX is pushing this through HIP-3, letting builders deploy their own perp markets and choose the oracle, leverage, and market parame

$USELESS /USDT
$0.3 SOON ⌛

ETH at $2,450—are you chasing?
Look at the surface: the medium-term structure has turned bullish, but the short term is grinding inside a range.
In mid-to-late August, ETH broke through the descending trendline on heavy volume from $1,900 and moved above Fib 0.618 ($2,438), setting a new higher high for this cycle. Spot ETFs have maintained net inflows, totaling approximately $1.85 billion in August, and institutional allocation shows no sign of stopping.
But then what happened? It stalled at $2,546 and pulled back to oscillate around $2,450. Macro rate-hike expectations are weighing on it, ke

Borrow directly on Hyperliquid

types of bullish orderblock retest explained
$BTC $GT $ETH $SOL $XRP
#Gate60MillionUsers #gateio #BTCReclaims80K #GateEventContractTradeSharingChallenge

Happy International Day of Charity.
We keep feeding and keep doing good.
Bless all.

‼ The year's lowest 4 gt half-price offer ends tonight; 90% win rate, subscriptions exceed 600 people🎉Profited every day over the past month🀄️Today's futures/spot updates are available👇
https://www.gate.com/zh/profile/Little Ghost's daily contracts
🔥Recently consecutively profited over 5.1 million U‼️Last week, 62700/1865+ 75600/2360 long-term longs, 81500/2545 pocketed 1.62 million📈Shandi 1820 short 1420, doubled the account by 510,000📉Wednesday 76800/2360 long 82200/2530, doubled the account by 800,000📈Yesterday 81800/2530 short 78600/2430, profited again #Gate用户突破6000万

$BICO
I won't directly conclude that BICO is about to surge.
What would truly make me bullish is:
A breakout above 0.02432, accompanied by increased trading volume.
If it only slowly grinds up to 0.0243 without volume, be wary of another spike followed by a pullback.

$PUMP
You don’t want to miss the next up leg. It’s going to be monstrous!

Made $180,000 in a few hours just by always using a Dell computer🤣
A trader in the U.S. Eastern Time Zone put up about $82,500 on the morning of September 2, buying 150 DELL call options with a strike price of $465, expiring on September 4.
He said the reason for taking such a large position was simple: he had always used a Dell computer and felt it was pretty decent.
Moreover, just one day before he bought the options, Dell reported earnings that beat market expectations, with strong AI server demand, and raised its full-year revenue and profit outlook. The next day, DELL gapped higher, risi

$eth had a hard time against BTC back during 2023-25..
BTC eventually won that battle..
If you look closely ETH is ready for round 2 and looks stronger..

Everyone’s watching $HOME /USDT pump—but the 4h tape just whispered a 95% secret.

$HOME /USDT - SHORT

Trade Plan:
Entry: 0.00614 – 0.00616
SL: 0.00627
TP1: 0.00606
TP2: 0.00599
TP3: 0.00590

Why this setup?
- 1D trend is bearish; this 15m RSI at 66 is the last gasp before gravity.
- Price is pinned at 0.00615, but the real order book says 0.00606 (TP1) is the first magnet.
- ATR (1h) is razor-thin at 0.000052—meaning volatility is coiling for a violent snap DOWN.
- Entry invalidates only above 0.00617—we’re 2 ticks from the line in the sand. Why now? Because the 4h structure hasn’t

UNI at $6.3—are you chasing it or not?
First, the surface view: it has doubled in a month, and everyone is shouting, “UNI has gone crazy.”
It was still languishing at 3.2-3.6 in mid-August, climbed above 5 at the end of August, and surged to 6.5 in early September. Today it is ranging between 6.11-6.35, with little 24-hour volatility, but it is still up 90%+ over the past month.
RSI is at 78-80, already overbought. The trend is bullish, but the slope is too steep, and 6.5 has held three times.
First: UNI is no longer just a governance token—it is “burning money.”
Previously, UNI only provided

Everyone’s staring at BTC—but ADA just armed a trap that most retail won’t see until it’s too late.

$ADA /USDT - SHORT

Trade Plan:
Entry: 0.2119 – 0.2129
SL: 0.2175
TP1: 0.2086
TP2: 0.2060
TP3: 0.2022

Why this setup?
Why now? The 4h frame is flashing SHORT with a 55% conviction while the 1D stays rangebound—that’s the perfect squeeze setup.
- RSI on 15m is dead neutral at 48, meaning no oversold bounce to save you yet.
- Entry sits at 0.2124 with TP1 at 0.2086, TP2 at 0.2060—a clean 3% slide if the range breaks.
- Invalidation is tight at 0.2101, so risk is defined: either we dump

How can you get yourself into a high-energy state?

【$UAI Signal】Long + 1H downside wick reclaim / 4H bullish continuation
$UAI 1H dipped to 0.4108 and reclaimed 0.4688, with clear support below. The 4H MACD histogram is expanding positively at 0.0052, and the bullish trend remains intact. The order book Bid/Ask ratio is 1.66, giving buyers the upper hand. 1H RSI is 58, still some distance from the overbought zone. The funding rate is 0.0185%, keeping the cost of long positions low. The current price is above EMA20, with the moving averages fanning upward. The 1.5 risk/reward ratio meets short-term entry criteria.
🎯Direction: Long
⚡Entry/Limit

$NEAR is betting it comes from machines. Agent to agent settlement, paid for by users who mostly do not exist yet.
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 is betting it comes from paper. Tokenised Treasuries and ETFs already sitting with BlackRock and Franklin.
Same question sits under both:
Who actually captures the flow?
The chain the machines settle on. Or the wrapper the institutions already use.
Future users. Or current allocators.
One of these pools starts printing real fees first.
Which one?
Drop it below.

I was just about to go to the forum and rant, but then I saw my balance and decided against it. The market is always right. The order I placed before bed a few days ago was supposed to go to waste, but $NVDAX today gave me the answer directly—entered at 216.97, now at 230.63, with floating gains of +586.51%. Feeling great, brothers.

I didn’t use any fancy analysis this time; I just looked at whether buying support was strong enough. Before the market had fully taken off, every pullback held above the key level, showing that someone was supporting it from below. Since someone was buying, I si