Bybit，Crypto和Perp Dexs：分散交易的新時代

Bybit對PERP DEX的見解揭示了向UX的轉變，並遠離了純粹的權力下放，而Aster挑戰了超流動性的主導地位。

Bybit, Crypto, and Perp DEXs: A New Era of Decentralized Trading

Bybit，Crypto和Perp Dexs：分散交易的新時代

The world of crypto is constantly evolving, and Bybit is on top of it. Their latest Crypto Insights report highlights the growth of decentralized perpetual exchanges (perp DEXs). It seems user experience is now king, and Bybit is leading the charge. This article will summarize the main findings, trends and insights related to 'Bybit, Crypto, Perp DEX' from the most recent articles.

加密世界一直在不斷發展，bybit在其中。他們最新的加密見解報告強調了分散的永久交易所（PERP DEX）的增長。看來用戶體驗現在是國王，拜比特正在領導這一收費。本文將總結與最近文章中與“ Bybit，Crypto，Perp Dex”相關的主要發現，趨勢和見解。

The Rise of UX-Focused Perp DEXs

以UX為重點的PERP DEX的興起

Forget the old ideals of trustlessness and community governance. According to Bybit's report, speed, liquidity, and user experience are the new priorities. Platforms like Hyperliquid and Aster are leading the way, sacrificing some decentralization for better performance. Hyperliquid, with its custom Layer 1 infrastructure, has long been the benchmark. But now, Aster is shaking things up.

忘記信任和社區治理的古老理想。根據Bybit的報告，速度，流動性和用戶體驗是新的優先事項。諸如Hyproliquid和Aster之類的平台正在引領方向，犧牲了一些權力下放，以獲得更好的表現。高流動性及其自定義第1層基礎架構長期以來一直是基準。但是現在，阿斯特正在搖動一切。

Aster vs. Hyperliquid: A Clash of Strategies

Aster vs. Hyperliquid：一系列策略

Hyperliquid built its own blockchain optimized for trading, offering centralized exchange-like execution entirely on-chain. Aster, on the other hand, focuses on ecosystem integration, branding, and token-driven growth. While Hyperliquid still boasts significantly higher trading volume and market capitalization, Aster's rapid rise shows that a strong narrative and strategic partnerships can make a big difference.

Hyperliquid建立了自己的區塊鏈，以優化用於交易，從而完全在鏈上提供類似集中式的交易所執行。另一方面，Aster專注於生態系統整合，品牌和代幣驅動的增長。儘管超流動性仍然具有更高的交易量和市值，但阿斯特的快速崛起表明，強大的敘事和戰略夥伴關係可以帶來很大的變化。

Bybit Enters the DEX Arena

Bybit進入DEX競技場

Bybit isn't just observing this trend; they're diving in headfirst. With Byreal, a Solana-based decentralized exchange, Bybit is entering the onchain DEX race. Byreal uses hybrid liquidity models to reduce slippage and curb MEV, demonstrating Bybit's commitment to innovation in the DeFi space.

Bybit不僅觀察了這一趨勢。他們首先潛水。借助Byreal是一個基於Solana的分散交流，Bybit正在進入OnChain Dex競賽。 Byreal使用混合流動性模型來減少滑倒和遏制MEV，這表明了Bybit對Defi空間中創新的承諾。

The Future of Perp DEXs

perp dexs的未來

Decentralization is evolving from a foundation to a feature. Centralized exchanges are launching their own versions, and competition is heating up. The market increasingly rewards storytelling, ecosystem incentives, and cultural resonance, not just technical performance.

權力下放正在從基礎上演變為功能。集中式交流正在啟動自己的版本，競爭正在加熱。市場越來越多地獎勵講故事，生態系統激勵措施和文化共鳴，而不僅僅是技術表現。

Bhutan's Bitcoin Bet: A Sovereign Strategy

不丹的比特幣押注：主權策略

While the focus is on DEXs, let's not forget Bhutan's intriguing Bitcoin strategy. The Royal Government of Bhutan continues to actively manage its Bitcoin holdings, transferring significant amounts between wallets. This suggests a sophisticated approach to treasury management, possibly involving institutional deals, yield-generating strategies, or using Bitcoin as collateral.

雖然重點是DEX，但不要忘記不丹有趣的比特幣策略。不丹皇家政府繼續積極管理其比特幣持有量，從錢包之間轉移了大量資金。這表明了一種用於國庫管理的複雜方法，可能涉及機構交易，產生生成策略或使用比特幣作為抵押品。

Bhutan's billion-dollar Bitcoin reserve makes it a significant player in the crypto world. By building reserves without fanfare, Bhutan has avoided the scrutiny faced by other Bitcoin-holding nations, quietly positioning itself for the future digital economy.

不丹的十億美元比特幣儲備使其成為加密貨幣世界中的重要參與者。通過沒有大張旗鼓的建築準備金，不丹避免了其他比特幣持有國家面臨的審查，為未來的數字經濟悄悄地定位了自己。

Orderly Network Empowers DEX Creation

有序的網絡使DEX創建能力

The decentralization push continues with Orderly Network's new platform, Orderly One, allowing users to launch their own perpetuals DEXs. This empowers DAOs, funds, and trading communities to build revenue streams through crypto trading without relying on centralized entities, further democratizing the DeFi landscape.

權力下放推動繼續使用有序的網絡的新平台，有序的一個，使用戶可以啟動自己的永久DEX。這使道斯，資金和貿易社區能夠通過加密貨幣交易來建立收入來源，而無需依靠集中式實體，進一步使defi景觀民主化。

Final Thoughts: Keep Your Eyes on the Crypto Prize

最終想法：盯著加密獎

So, what does it all mean? The crypto landscape is shifting, and Bybit is at the forefront. Whether it's through innovative DEX platforms, insightful reports, or even observing sovereign nations like Bhutan, the message is clear: the future of finance is decentralized, and it's happening now. So buckle up, stay informed, and maybe grab a cup of coffee – it's gonna be a wild ride!

那麼，這意味著什麼？加密景觀正在轉移，拜比特處於最前沿。無論是通過創新的DEX平台，有見地的報告，甚至觀察到不丹等主權國家，這一信息都是明確的：財務的未來是分散的，現在正在發生。因此，搭扣，保持知情，也許可以喝杯咖啡 - 這將是一次瘋狂的旅程！