2026-01-14 19:49:15

It's quite interesting to observe the changes in the competitive landscape of DEXs over the past period. A leading DEX used to be in the top tier for trading volume, but after launching the $LIT token, its trading volume significantly declined and was overtaken by an emerging perpetual DEX. It looks like this storyline is about to repeat—tokens from the $DIME platform, an extension application, a variational platform, and an ecosystem platform are all launching one after another, making it hard to say they won't disrupt the existing pattern. From the participants' perspective, following the new platforms' mining mechanisms might be the strategy to maximize bottom-fishing gains. Taking an emerging platform as an example, participating in liquidity mining through a points bonus mechanism indeed offers more attractive returns. In simple terms, the throne of the DEX race has never been set in stone; whoever offers more enticing incentives to miners is likely to capture the next wave of dividends.

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Blockblind

· 2h ago

The crypto world never has a guaranteed safe job; the next second after cashing in on a trend, you could become cannon fodder. --- Once again, a new coin disrupts the old pattern. Miners have long learned to run to where the money is. --- Honestly, jumping on new platforms can indeed make quick money, but if this continues, no one will be able to stay calm. --- Is it ironic that top DEXs issuing tokens are falling behind? How absurd does this plot have to be to play out? --- Mining incentives are the real king; everything else is虚的, how many projects have ultimately gone to zero? --- It really is true—switching platforms can double your returns. No wonder liquidity is dispersing day by day. --- $LIT's recent performance was indeed disappointing; a newcomer surpassing it would also be a matter of实力说话, right? --- Every time they say this time is different, but in the end, it's just a game where players harvest the韭菜. --- Chasing hot trends can make quick money, but why is the probability of betting right so low?

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LiquidationWizard

· 10h ago

This round is going to shake out again, miners are really just profit-seeking locusts. When mining rewards are high, they all run away; when the top projects say they’re collapsing, they do, with no loyalty whatsoever. The moment a new coin launches is the time to get on board. Early birds eat worms, latecomers eat shit, really. I didn’t follow the LIT wave, and now I see I really lost out. Next time, I’ll remember better. Whoever offers the highest incentives, I’ll go to whoever’s place—that’s the ecological logic of Web3.

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BasementAlchemist

· 10h ago

Miners always follow incentives, that's the reality. --- It sounds like another round of the "cutting leeks" cycle is about to begin, the old routine. --- Jump in when a new coin launches? I think they'll just mine it and then run. --- I understand the part about the leading DEX falling behind, it's just because they don't want to spend the money. --- How to play after $DIME launches, who knows who will be overtaken this time. --- That new perpetual contract indeed offers high returns, but the risks are not to be underestimated. --- In the DEX world, there are no eternal kings, only eternal miners. --- Everyone is waiting for the next big spike, but they might all get harvested.

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governance_lurker

· 10h ago

It's a mess, as soon as new coins come out, old coins have to step aside. Miners are just profit-seeking locusts; when incentives are high, they run. Honestly, there's not much loyalty. Wait, is there any trick with the points bonus? The iron throne is no longer truly iron; which new project should we watch this round? Should we take a gamble or just lie flat and watch the show?

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MysteriousZhang

· 10h ago

Mining incentives are the real king, chasing hot topics is never wrong --- Another round of the leek-cutting script, new coins launch and then run, I’m familiar with this routine --- Honestly, choosing a DEX now is like choosing a consort, vote for whoever offers more rewards, loyalty is zero --- The points bonus system is indeed more attractive, but the risk is also greater, isn’t it --- Iron throne? Nonexistent, the crypto world has always been a jungle where the strong prey on the weak --- Remember the last time a major project collapsed and they were still bragging about how stable they were, what’s the situation now --- Mining new projects is usually the most exciting in the early stages, but it starts to turn sour later --- Wait, isn’t this just repeating the old routines again, same soup, different spoon --- Bottom fishing? I actually think it’s the most dangerous time, who knows if the next one will explode --- Miner mentality is correct, follow the incentives and never get trapped

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CodeSmellHunter

· 10h ago

This is the cost of token inflation, with wave after wave of cuts. Miners are inherently profit-driven; whoever has stronger incentives wins, there's nothing more to say. It's another round of hot potato; I'm still on the sidelines for now. The halo around the top projects is fading quickly, and now it's all maintained by airdrops. The points bonus system is indeed tempting, but I always feel like I'm the next sucker to take over. It's the old routine—whenever a new DEX launches, it's the next to be overtaken.

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