Post
Topic
Board Altcoin Discussion
Re: The Future of Web3 Wallets: From Fragmentation to Intelligence
by
cryptotact11
on 07/05/2025, 12:30:46 UTC
As MYX Finance grows into more chains and exchanges, I wonder if MYX could become the token that makes decentralized perpetuals go mainstream?
No, as it is just yet one of many projects that is trying to solve the same problem. Actually, perpetuals should never go mainstream. Did you know that more than 90 percent of traders lose money?

Unless you are trying to make a different argument, about decentralized perpetuals replacing centralized perpetuals. That is something else entirely, and I do support it given that exchanges have a history of manipulating their platforms against their users. Keep in mind, that manipulations are also possible in decentralized systems through a fake system of governance voting as owners and insiders own the majority of the votes.