Bluefin（藍色）在Perp Dex競技場中騎著令牌波

Bluefin（藍色）在Perp Dex空間中引起波浪。在該行業和里程碑的增長的推動下，Blue可能是下一個值得關注的象徵。

The Perp DEX landscape is heating up, and Bluefin (BLUE) is catching the wave. With Perpetual DEX platforms like Hyperliquid (HYPE) and Aster setting the pace, let's dive into what makes Bluefin stand out and why it might be the next token to watch.

PERP DEX景觀正在加熱，藍鰭金槍魚（藍色）正在捕獲波浪。隨著永久性DEX平台，例如Hyproliquid（Hype）和Aster設定步伐，讓我們深入研究使Bluefin脫穎而出的原因，以及為什麼它可能是下一個值得關注的值得關注的值。

Bluefin's Edge in the Perp DEX Competition

Bluefin在Perp Dex比賽中的優勢

Bluefin has emerged as a leading perpetuals platform on Sui. September was a month of milestones for Bluefin. The Total Value Locked (TVL) peaked at $220 million before settling at $180 million, with 2.2 million accounts and over $78 billion in trading volume. Analyst Kyle Chassé pointed out that SUI's highest monthly perp volume since January was all thanks to Bluefin.

Bluefin已成為Sui上的領先永久平台。 9月是Bluefin的一個月里程碑。鎖定總價值（TVL）達到了2.2億美元的峰值，然後以1.8億美元的價格定居，有220萬個帳戶和超過780億美元的交易量。分析師KyleChassé指出，SUI自一月以來的每月最高銷量都歸功於Bluefin。

The TVL, measured in SUI tokens locked in the protocol, has also seen impressive growth, jumping from 20 million SUI to over 50 million. This increased lockup reflects stronger investor confidence in the project. As a result, BLUE's price doubled in September, climbing from $0.064 to $0.135.

在該協議中鎖定的SUI代幣中測量的TVL也看到了令人印象深刻的增長，從2000萬SUI增長到超過5000萬。這種增加的鎖定反映了投資者對該項目的信心。結果，藍色的價格在9月份翻了一番，從0.064美元上漲至0.135美元。

The Bullish Sentiment Around BLUE

藍色的看漲情緒

The combination of rising token prices and solid on-chain data has analysts predicting that BLUE could become the next investor darling. Investor Bellstoshi sees Bluefin as a native DeFi hub with 10x growth potential, offering spot swaps, perpetuals, lending, and vaults.

代幣價格上漲和穩定的鏈上數據的結合使分析師預測藍色可能成為下一個投資者的寵兒。投資者Bellstoshi認為Bluefin是具有10倍增長潛力的本地Defi中心，提供現貨掉期，永久性，貸款和保險庫。

BLUE has already landed on the Binance Alpha list, fueling speculation of a potential Binance listing and sparking FOMO. Plus, the Bluefin governance team is considering a quarterly BLUE token buyback program, starting October 1, 2025, allocating 25% of protocol revenue to repurchase BLUE.

藍色已經登上了二元alpha列表，這加劇了人們對潛在的binance列表和引發FOMO的猜測。另外，Bluefin治理團隊正在考慮2025年10月1日開始的季度藍色令牌回購計劃，分配了25％的協議收入以回購Blue。

The Road Ahead

前面的道路

Kaleo, founder of LedgArt, believes the market will soon recognize BLUE's fundamentals, potentially driving prices back to late-2024 peaks. However, he cautions that the journey may not be easy, as BLUE would need to increase sixfold to revisit its all-time high of $0.8.

萊德加特（Ledgart）的創始人卡萊奧（Kaleo）認為，市場將很快承認藍色的基本面，並有可能將價格恢復到2024年末峰值。但是，他警告說，旅程可能並不容易，因為Blue需要增加六倍才能重新審視其歷史最高高點0.8美元。

The Broader Perp DEX Landscape

更廣泛的perp dex景觀

While Bluefin is making strides, it's important to note the broader trends in the Perp DEX space. Aster, another decentralized perpetuals exchange, has recently topped DefiLlama’s protocol fee rankings, generating over $25 million in fees in a single day. Even though Hyperliquid boasts higher daily volume, Aster's spike in protocol fees highlights its growing presence.

雖然Bluefin正在大步前進，但重要的是要注意Perp Dex空間的更廣泛趨勢。另一個分散的永久交易所Aster最近在Defillama的協議費用排名中排名最高，一天內產生了超過2500萬美元的費用。即使超流動性的日常體積較高，Aster的協議費用上升卻突出了其日益增長的存在。

Final Thoughts

最後的想法

Bluefin, with its BLUE token, is definitely one to watch in the evolving Perp DEX arena. With strong fundamentals, growing TVL, and potential catalysts like a Binance listing and token buybacks, BLUE could be set for an exciting ride. So, buckle up and enjoy the token wave!

Bluefin帶有藍色令牌，絕對是在不斷發展的Perp Dex競技場中觀看的人。憑藉強大的基本原理，增長的TVL以及諸如Binance清單和代幣回購之類的潛在催化劑，Blue可能會為令人興奮的旅程而設。因此，扣緊並享受令牌波！