Quick overview of perp dexes Hyper Liquid Market cap 12 billion FDV 43 billion Daily Fees 3 million Buybacks active Aster Market cap 4billion FDV 19 billion Daily Fees 10 million Buybacks confirmed, but not active Avantis Market cap 540 million FDV 2 billion Daily Fees 130,000 Buybacks rumored, not confirmed. (anyone have an update?) These are the three hot ones right now. Solana Perp dexes include Jupiter (which has buybacks, but they are small by comparison) and Drift which has no buybacks. While much of the Aster volume is likely airdrop farming, it is obviously still undervalued compared to HYPE.(Lark Davis)