Perp dex summer going nuts with now the perp-dex-as-service (๑¯∀¯๑) @OrderlyNetwork introduces its Orderly One that allows anyone to easily build a perp dex thru its SDK. What exactly is it and how you feel about it shinchan? Let's see. > Orderly itself is a trading protocol that serves as an orderbook-based trading infra > Platforms that deployed thru Orderly share liquidity to resolve low liquidity issues. You can think of it like the function of what @virtuals_io has for ai agents; or @ChainUpOfficial that provides CEX-white-label services for CEXs > Fee distribution structure is two-tier. 0.03% of base fee goes to Orderly with custom fee level set by platforms > Now you may ask, who exactly used it? Here's the eco page that shows all that use Orderly One: In gist a bunch of protocols I dunno (total of 1.1K perp dex built through orderly) with low fees generated in the past 30D Based on Orderly's eco dashboard, fees generated by over 80% of the perp dexs in the past 30 days are less than 1,000 USD, which is not fairly profitable. What orderly is championing is to empower KOLs / DEXs to incorporate its SDK for fast deployment. However, shinchan doesn't think we need any KOL-driven perp dex or "complementary" services in DEXs. Popularily + hype driven by 80% of the dominant perp dexs is largely driven by airdrop farming imo. What Orderly stands out might be more of pumping its token + sponsoring buybacks as to launch a perp dex you'll need to pay $1K USD or get 25% discount paying in $ORDER for the broker code to earn revenue; rather than facilitating a quality perp dex landscape. Shinchan being too honest, lemme know your thoughts!