$DAC
Trending UpSnapshot Window: 2026-07-25 15:10 UTC · ← Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
perp DEXs going the L1 route. @HyperliquidX is probably the best example so far. by owning the chain and trading infrastructure, they can optimize the stack around their specific needs. this approach doesn’t guarantee success, but it gives teams more control over execution,
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AI visual note: A side-by-side comparison of perpetual DEX metrics on two custom L1 chains, showing TxFlow with a 24h Perp Volume of $57.64m, Open Interest of $9.39m, 30d Volume of $1.146b, and +13.12% weekly change, alongside N1 with $7.81m 24h volume, $1.85m open interest, $174.49m 30d volume, and +21.83% weekly change—illustrating how perp DEXs building their own L1 chains (like Hyperliquid) are emerging as a growing segment of on-chain trading infrastructure.