After 10/11, the hype around Perp Dex seems to have come to an abrupt halt. Among the mainstream "non-tokenized Perps" currently on the market, @edgeX_exchange appears to be the least affected. In fact, its TVL has even grown by 45% against the trend. Below is a comparison of data for these Perps before and after 10/11. ▪️Lighter: OI down 40%, TVL down 12%. (OI: 2.23b → 1.35b; TVL: 1.2b → 1.06b) ▪️EdgeX: OI down 30%, TVL up 45%. (OI: 1.32b → 0.93b; TVL: 0.27b → 0.39b) ▪️Backpack: OI down 68%. (OI: 0.56b → 0.18b) ▪️Paradex: OI down 81%, TVL down 8%. (OI: 0.58b → 0.11b; TVL: 0.1b → 92m) ▪️Variational: OI down 50%. (OI: 0.2b → 0.1b) ▪️Extended: OI down 36%, TVL up 23%. (OI: 0.11b → 70m; TVL: 66m → 81m) ▪️Grvt: OI down 14%, TVL up 5%. (OI: 42m → 36m; TVL: 19m → 20m) Data sources: DefiLlama, project websites, perpetualpulse