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<p>Based on the stats on the right, $HYPE, $LIT, and solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN have the most DAU on their perps platforms.

On the other hand, you see protocols reporting billions in daily volume with barely any users.

For example, Avantis (I have no idea what this protocol even is) reports $4B in daily volume with just 506 DAU.

That’s nearly $8M in daily volume per user.

The truth is, many of these protocols appear to have little real user activity. Are they cooking the numbers and reporting inflated metrics?

When does this stop?</p>

Based on the stats on the right, $HYPE, $LIT, and solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN have the most DAU on their perps platforms.
On the other hand, you see protocols reporting billions in daily volume with barely any users.
For example, Avantis (I have no idea what this protocol even is) reports $4B in daily volume with just 506 DAU.
That’s nearly $8M in daily volume per user.
The truth is, many of these protocols appear to have little real user activity. Are they cooking the num

Based on the stats on the right, $HYPE, $LIT, and solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN have the most DAU on their perps platforms. On the other hand, you see protocols reporting billions in daily volume with barely any users. For example, Avantis (I have no idea what this protocol even is) reports $4B in daily volume with just 506 DAU. That’s nearly $8M in daily volume per user. The truth is, many of these protocols appear to have little real user activity. Are they cooking the numbers and reporting inflated metrics? When does this stop?

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