[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![crypto_condom Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1424441728770220037.png) CryptoCondom [@crypto_condom](/creator/twitter/crypto_condom) on x 120K followers
Created: 2025-07-10 03:35:17 UTC

Perp dexes that cant scale or have inefficient rails will continue to decline no matter how based the teams were.  @vertex_protocol & @StripsFinance failed bc they were not lindy compared to @HyperliquidX or the points/token meta of v2 dexes. 

Rest assured, most v2 dexes will fail as well wen points/emissions farmers move on to the next hot thang. 

TLDR: wen seeking PMF, the ONLY metric that matters is user retention


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943152015439282565/c:line.svg)

**Related Topics**
[exchanges dexs](/topic/exchanges-dexs)
[wen](/topic/wen)
[meta](/topic/meta)
[hyperliquidx](/topic/hyperliquidx)
[lindy](/topic/lindy)
[vertexprotocol](/topic/vertexprotocol)
[perp](/topic/perp)

[Post Link](https://x.com/crypto_condom/status/1943152015439282565)