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The Crypto Perp DEX Mania May Quickly Fizzle Out: BitMEX CEO

• Coindesk⚪ neutral
The Crypto Perp DEX Mania May Quickly Fizzle Out: BitMEX CEO

SINGAPORE — By the time Token2049 reconvenes next year, today's headline‑grabbing decentralized exchanges like Hyperliquid and Aster may no longer dominate, BitMEX CEO Stephan Lutz told CoinDesk in an interview, warning that their incentive‑heavy business models are too fragile to endure.

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Article Details

Source
Coindesk
Published
October 1, 2025 at 09:04 AM
Sentiment
⚪ neutral
Type
Article
Category
defi
Topics
DeFi

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