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Perp DEXs are on fire, with volumes topping $1 trillion a month for the first time.
Aster, backed by YZi Labs (formerly Binance Labs), has suddenly vaulted to the top of volume charts, but is its rise organic, or manufactured?
But while everyone frames the battle as Aster vs. Hyperliquid, Syncracy’s Ryan Watkins and Sunny Shi argue the real fight is much bigger: decentralized exchanges versus centralized giants like Binance.
Plus: what role Solana will play in the next chapter in the perps dex wars? And won’t Ethereum even compete?

Is Strategy's Model Unraveling? What is Driving the Recent Rout and Where It Can Go From Here - Ep. 971

Uneasy Money: Hyperliquid’s Synthetic Equities and the Rise of Protocol Gatekeeping - Ep. 970

The Chopping Block: Token Launch Hype, L1 Wars & Prediction Market Breakouts - Ep. 969

Cheaper Fees and No More Free Lunch for Layer 2s? Inside Ethereum's Fusaka Upgrade - Ep. 966

DEX in the City: Class Actions in Crypto Are on the Rise. Are They More Dangerous Than SEC Enforcement?- Ep. 968

Bits + Bips: Vanguard's Crypto U-Turn, Tether/MSTR FUD & Picking Future Winners - Ep. 967

