Bluefin（蓝色）在Perp Dex竞技场中骑着令牌波

Bluefin（蓝色）在Perp Dex空间中引起波浪。在该行业和里程碑的增长的推动下，Blue可能是下一个值得关注的象征。

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景观正在加热，蓝鳍金枪鱼（蓝色）正在捕获波浪。随着永久性DEX平台，例如Hyproliquid（Hype）和Aster设定步伐，让我们深入研究使Bluefin脱颖而出的原因，以及为什么它可能是下一个值得关注的值得关注的值。

Bluefin's Edge in the Perp DEX Competition

Bluefin在Perp Dex比赛中的优势

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已成为Sui上的领先永久平台。 9月是Bluefin的一个月里程碑。锁定总价值（TVL）达到了2.2亿美元的峰值，然后以1.8亿美元的价格定居，有220万个帐户和超过780亿美元的交易量。分析师KyleChassé指出，SUI自一月以来的每月最高销量都归功于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.

在该协议中锁定的SUI代币中测量的TVL也看到了令人印象深刻的增长，从2000万SUI增长到超过5000万。这种增加的锁定反映了投资者对该项目的信心。结果，蓝色的价格在9月份翻了一番，从0.064美元上涨至0.135美元。

The Bullish Sentiment Around BLUE

蓝色的看涨情绪

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.

代币价格上涨和稳定的链上数据的结合使分析师预测蓝色可能成为下一个投资者的宠儿。投资者Bellstoshi认为Bluefin是具有10倍增长潜力的本地Defi中心，提供现货掉期，永久性，贷款和保险库。

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.

蓝色已经登上了二元alpha列表，这加剧了人们对潜在的binance列表和引发FOMO的猜测。另外，Bluefin治理团队正在考虑2025年10月1日开始的季度蓝色令牌回购计划，分配了25％的协议收入以回购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.

莱德加特（Ledgart）的创始人卡莱奥（Kaleo）认为，市场将很快承认蓝色的基本面，并有可能将价格恢复到2024年末峰值。但是，他警告说，旅程可能并不容易，因为Blue需要增加六倍才能重新审视其历史最高高点0.8美元。

The Broader Perp DEX Landscape

更广泛的perp dex景观

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.

虽然Bluefin正在大步前进，但重要的是要注意Perp Dex空间的更广泛趋势。另一个分散的永久交易所Aster最近在Defillama的协议费用排名中排名最高，一天内产生了超过2500万美元的费用。即使超流动性的日常体积较高，Aster的协议费用上升却突出了其日益增长的存在。

Final Thoughts

最后的想法

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带有蓝色令牌，绝对是在不断发展的Perp Dex竞技场中观看的人。凭借强大的基本原理，增长的TVL以及诸如Binance清单和代币回购之类的潜在催化剂，Blue可能会为令人兴奋的旅程而设。因此，扣紧并享受令牌波！