BugsCoin (BGSC)

$BGSC SUPPLY BURNED

1 hour ago, the team burned 13B $BGSC tokens, worth $15.5M

This wallet performs periodic token burns
The previous burn occurred 2 months ago - $6.4M worth of $BGSC was first withdrawn from Gate and then burned

Wallet:
0xb6041C054db2dE5Ce2ADBf919B5C8b3952Abd830

2 more Perp DEXs have graduated on @OrderlyNetwork!

In just 5 days, 41 Perp DEXs have launched, with 2 already graduated.

Since the launch of Orderly ONE, 1,728 Perp DEXs have been launched, with 95 graduates- the fastest growth in any Perp DEX ecosystem!

Let’s hope to see even more Perp DEXs and trading volume with the launch of Orderly ONE Swaps and the Vanguard Programme!

Is Perp Dex Trading now based on the points you can get?

@OrderlyNetwork is running a one click no code Perp DEX solution, Orderly One. @vooi_io is also using this technology to make it possible to access a lot of chains and share the liquidity in behind, which is essential to have a great trading experience.

If you look at the solutions that had been created with Orderly, a lot of them are actually not really creating any volume, nor having enough users to keep them alive. But some of them with a real community and the need for a branded trading environment, are creating quite some volume with Orderly.

The greatest advantage is, that you don't need to take care about the techonology nor the liquidity but mainly on onboarding whales that can create enough volume.

If you have an own token, you can also create utility for your token, as every single volume will create fees based on your own terms. This creates a totally new kind of environment, as before most trading influencers needed to get better referral deals from centralized exchanges to create enough fees. But with Orderly they could now just create their own ecosystem and trading experience, while funneling the fees into one branded platform.

So it seems that it is not only about getting points for Perp Dexes, but also having the right community in behind that is actually using the Perp Dex for trading and looking for informatino how and where to trade with the best conditions. It means that a great structured volume per point plan will help your perp dex on the short run to create TVL, Volume and fees, but you will need to have a dedicated community to keep that volume alive, even after an airdirdrop of your tokens.