The most useful metric for on-chain perp value - OI Looking at OI metrics is pretty accurate. Here’s the latest OI data for Lighter and EdgeX: Lighter OI: $1.1 billion EdgeX OI: $962 million EdgeX’s OI growth rate is incredibly fast, and it’s expected to surpass Lighter soon. I hope both platforms can succeed. When it comes to truly competitive perp players, aside from Hyperliquid, it’s just Lighter and EdgeX. Both of these platforms are planning to issue tokens in Q4. A lot of people want to join now to participate in the points airdrop. Is it too late? Honestly, it probably is. But since we don’t know whether the tokens will be issued in October, November, or December, if it’s in November or December, there’s still a chance. Regardless, I strongly recommend everyone to get involved in on-chain perp. This is undoubtedly the biggest trend we can foresee, comparable to the DeFi craze before. Getting in early doesn’t just mean airdrop opportunities; there will be many other opportunities as well. On-chain perp is just the beginning—the earlier you get involved, the better. No exaggeration, I’m the earliest and biggest Hyperliquid promoter in the Chinese-speaking community. This time with EdgeX, I’m also the earliest and biggest promoter in the Chinese-speaking community. I was the first KOL to partner with EdgeX officially, and my track record is verifiable. There might still be airdrop opportunities, but the bigger opportunities ahead go far beyond airdrops. This is the strongest and biggest trend of this cycle, and getting involved early can only be beneficial. I also encourage everyone to approach EdgeX’s product with an open mind and give it a try. In my opinion, in terms of product strength, aside from Hyperliquid, EdgeX is number one. Here’s my exclusive EdgeX referral link, which gives you trading discounts: https://pro.edgex.exchange/referral/187636242 After using the link, join the EdgeX Chinese group directly: Copy and search this on Telegram to join the group: @edgeXmandarinchat