Compared with the decentralized perpetual contract exchange of tokens, the decentralized perpetual contract exchange of NFT may achieve better development (in competing with CEX for market share). Why do you say this?


Before clarifying this issue, let’s look at the contract dispute between DEX and CEX:
For high-risk, high-yield, and high-volatility financial products such as contracts, DEX is more likely to be safer than CEX because there is no malicious manipulation by the exchange.
Similarly, for contracts, using oracles to determine prices is more likely to be safer than relying on the order book of a single exchange. Because of the depth of the contract, it is easy to be exploited.

Then why can't the decentralized perpetual contract exchange of token develop? Or is the development worse than CEX’s contract trading? I think the problem lies in the use experience, user habits and so on. CEX's contract trading developed early, with low fees, and users have become dependent on it; some currency speculators actually only use exchanges and not wallets, and their learning costs for using dapps are high. Therefore, dapps such as dydx, as rising stars, are naturally at a disadvantage in seizing the market.

Going back to the source of the problem, it is obvious that the NFT perpetual contract trading market has not been seized by CEX, and Dapp is currently moving faster than CEX.

What is nftperp?

Do you believe you have the ability to forecast the minimum prices of NFT projects such as CryptoPunks, Bored Ape Yacht Club, Doodles, and other prominent NFT ventures?

NFTs have emerged as a significant aspect of web3. Whether your interest lies in the technology, artistic expression, or simply being a part of vibrant communities, NFTs have firmly established their presence.

Nevertheless, thanks to nftperp, you can now engage in speculative trading related to the base prices of NFT projects, encompassing the likes of Bored Ape Yacht Club, CryptoPunks, and more.

Judging from the user base, users who play NFT will basically use dapps and wallets. The learning cost of using NFT’s decentralized perpetual contract exchange is low, and they do not need too much guidance on usage habits.

Therefore, we say that NFT's decentralized perpetual contract exchange may achieve better development.

For reference, the market value of NFT on the Ethereum chain in the bear market is approximately US$20 billion. It is conservatively estimated that this field (NFT perpetual contract DEX) will have enough volume in the bull market to create a project with a market value of approximately US$5 billion, and who Can you carry this banner? Let's wait and see.