The process of transitioning from Alpha to Perp from the exchange's perspective: targeting non-meme tokens
Why must some assets go on contract while others never will. 1. Background 1. In the eyes of many, the transition of a token from Alpha to launching a perpetual contract (Perp) seems like a natural result of 'gaining traction'. 2. However, from the exchange's perspective, this is not a marketing or reward mechanism, but a strict financialization decision. 3. Alpha is about verifying whether assets can be priced by the market, while Perp is about confirming whether it is worth being 'financialized'. 2. Why does the exchange promote Alpha → Perp? 1. Within the exchange, whether to launch a contract essentially depends on three things: whether there is a sustained, genuine divergence between bulls and bears; whether there is stable, predictable trading demand; and whether it can generate long-term fee cash flow under controllable risks.
$PROM remaining tail lots, move the tracking stop loss, and see how far we can reach.
牛奔策略
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$PROM In the morning, I saw the news saying BitHumb would be launching, so I bought a bit. For this kind of news-based trading, set a good stop loss, take profits in an orderly way, and don’t be greedy.
$PROM In the morning, I saw the news saying BitHumb would be launching, so I bought a bit. For this kind of news-based trading, set a good stop loss, take profits in an orderly way, and don’t be greedy.
$GRVT These last few times have also been smooth when moving up; for the remaining position, I used a moving stop-loss. Let’s see whether this 1-hour adjustment will break the trend.
Heard China's exports are looking solid for 2026. After Trump's visit to China, will the exports continue to benefit? Could we see a sell the news scenario in the risk market?
Why is Circle issuing ARC? What’s the game plan moving forward? Circle aims to transition from a 'cash flow company' to a 'platform-based network asset.' Will this shift be smooth sailing?