Post #11782

Market Expectations for Upcoming Perp DEX Listings Polymarket is actively pricing pre-TGE perp DEXs – and here's what the market expects from each. • Backpack– 73% chance of launching above $300M FDV (OTC: $0.22–$0.30) CEX founded by ex-FTX and Solana core team. Raised $37M, targeting $1B valuation, with US IPO path built into tokenomics. 25% allocated to airdrop at TGE, which comes very soon. • edgeX–48% chance of launching above $1B FDV (OTC: $25–$35) Leads this group on volume and OI. v2 expanding into spot, stock perps, and Polymarket integration. 25% unlock at TGE, which is expected before March 31. • Variational– 47% chance of launching above $300M FDV (OTC: $10–$14) RFQ model instead of orderbook, built on Arbitrum. Backed by Bain Capital, Coinbase Ventures, Dragonfly ($11.8M raised). 50% of $VAR will go to community. Zero trading fees, loss refund program and the biggest number of trading pairs make difference. • Extended– 39% chance of launching above $300M FDV (OTC: $2–$5) Ex-Revolut crypto team, built on Starknet. Offers TradFi pairs (gold, oil, S&P 500). 30% airdrop allocation, TGE projected H1 2026. All four perps are running point programs right now, with 25–50% of supply going to community. Whether you believe in perps as a long-term narrative or just want to farm the cycle – the window is still open. @TOP7ICO