After Hype, the competition for the next generation of exchanges seems to be approaching the stage of competition According to existing intelligence: Lighter has transaction depth, but there are significant issues with the API and documentation, indicating a certain level of professionalism on the part of the project team Defiapp's trading volume started to increase transaction fees as soon as it started, with impure motives and a significant decrease in gross profit expectations Backpack has always had extremely poor trading depth, and currently there has been no improvement, nor is it suitable for professional trading Asterdex has not yet encountered many major issues, and its API is not much different from Binance. It has also received frequent orders from CZ By comparison, my trading priority order is aster>bp>lighter>defiapp In addition, there is another relatively unpopular @ Ourbit_official, which I will experience in depth next week