There are so many DEX projects nowadays that it's overwhelming. To be blunt, most of them make me want to exit as soon as I join. The interfaces are monotonous, the operational logic isn't much different, and they just change the skin and rename it as a new product. Once the trade is over, there's no story, users have little sense of participation, and there's no reason to stay.

But there are exceptions. Some teams never intended to follow the "mainstream" approach from the start, focusing on Perp DEX, and instead have created something with a bit of flavor. These products don't follow the trend of piling on identical features; instead, they put effort into details like interaction, incentive mechanisms, or community management. Users can feel the difference, have reasons to stay, and reasons to interact repeatedly—this is the logic of survival.