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Right now, these perpetuals come in talking about collaboration and immediately set a KPI of tens of millions in trading volume—you have to hit that KPI before you even get access to a few hundred or thousand dollars in advertising fees. I’m not even accounting for hedging slippage—just the round-trip transaction fees alone cost me tens of thousands of dollars. What’s the point? Am I supposed to be charitable, burning money just for the sake of it? Every major perpetual is fiercely competitive. Until there’s real product differentiation, whether you’re gaming the system or genuinely trading, you’re just spending fees to bet on the team. To be honest, the only perps I still actively use today are precisely because of this reason. @trasiaxyz — I like @mablejiang as a person. @tradexyz — I’m betting on @sershokunin’s idealism; even if they don’t issue tokens, I’m okay taking a loss. Even @OndoPerps, despite not issuing tokens, offers a weekly prize pool of hundreds of thousands of dollars, recently gave new users tens of dollars in rewards, and is currently running deposit cashback campaigns—all real USDT being distributed. Meanwhile, it’s incredibly hard for smaller perps to break through this crowded field. Please, guys, cut the rug-pullers some slack—don’t treat us like pigs in a collective farm being squeezed dry. We’re genuinely running out of money...

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