$DYDX and $GMX : If you can't keep up, you have to get out
DYDX: It was popular with airdrops, and retail investors made a lot of money, but the secondary market took the blame. Now the K-line has fallen like a dog, even the big V who called the order at the beginning has run away, and the project is basically dead.
GMX: The former big brother of derivatives in the Arbitrum ecosystem, now the daily active users can't even make up three digits, the order depth is as thin as a layer of paper, and it has completely become a zombie protocol.
Why is it like this?
The new HYPE directly swept away all the users and funds. The on-chain data will not lie - now all the big players play contracts in HYPE, the interface is smooth and the depth is deep enough, and you can't go back to DYDX and GMX after using it. Some people still say that HYPE is faking volume, but the actual flow of funds on the chain is there. What's the use of seniority? Didn't Nokia, a century-old company, still get beaten down by Apple?
So in the Web3 industry, if you don't do new things in three months, you will be dead. DYDX and GMX are basically lying and dying.
Brothers who often blow up their positions and have no opening direction, please follow me and join the zone. I will post the opening direction every day to help everyone make a profit and win back what they lost. Making money is actually very simple. The key is to follow the right people.