Bybit，Crypto和Perp Dexs：分散交易的新时代？

拜比特（Bybit）的最新见解阐明了分散的永久交流（PERP DEX）不断发展的景观，突出了新玩家的兴起和变化的优先事项。

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

Bybit，Crypto和Perp Dexs：分散交易的新时代？

The world of crypto is constantly evolving, and Bybit is keeping a close eye. Their latest report analyzes the growth of decentralized perpetual exchanges (Perp DEXs) and how new platforms are challenging the status quo.

加密世界一直在不断发展，拜比（Bybit）一直在密切关注。他们的最新报告分析了分散的永久交易所（PERP DEX）的增长以及新平台如何挑战现状。

The Rise of New Contenders

新竞争者的兴起

Bybit themselves are jumping into the DEX game with Byreal, a Solana-based exchange. But they're not the only ones making waves. Aster, formed from a merger, saw its token skyrocket after launch, quickly reaching a massive market cap. This shows how quickly things can change in the DeFi space.

Bybit自己正在与基于索拉纳的交易所Byreal一起跳入DEX游戏。但是他们并不是唯一引起海浪的人。由合并组成的Aster在发布后看到了它的象征性飞涨，迅速达到了巨大的市值。这表明了defi空间可以变化的速度。

Hyperliquid vs. Aster: Different Approaches

超液体与翠菊：不同的方法

Hyperliquid remains a dominant player, but Aster is gaining ground. Hyperliquid built its own Layer 1 infrastructure for speed, while Aster focuses on ecosystem integration and token-driven growth. It's a classic case of infrastructure versus marketing, and it'll be interesting to see which strategy wins out.

超流动仍然是主要的球员，但阿斯特正在逐渐发展。 Hyperliquid建立了自己的第一层基础架构以供速度，而Aster专注于生态系统集成和代币驱动的增长。这是基础设施与营销的经典案例，看到哪种策略获胜会很有趣。

Decentralization: A Shifting Priority?

权力下放：优先级转移？

The Bybit report highlights a crucial shift: execution and user experience are becoming more important than pure decentralization. Platforms like Hyperliquid and Aster prioritize speed and liquidity, even if it means sacrificing some decentralization. This is a pragmatic approach, but it raises questions about the core principles of DeFi. Are we prioritizing performance over ideology?

BYBIT报告重点介绍了至关重要的转变：执行和用户体验变得比纯粹的权力下放变得越来越重要。诸如Hyproliquid和Aster之类的平台优先考虑速度和流动性，即使这意味着牺牲某些分散化。这是一种务实的方法，但提出了有关Defi核心原则的问题。我们是否优先考虑表现而不是意识形态？

Orderly Network: Democratizing Perp DEX Creation

有序网络：使PERP DEX创建民主化

Orderly Network is taking decentralization a step further by allowing anyone to launch their own perpetuals DEX. This could be a game-changer, empowering DAOs and trading communities to create their own revenue streams without relying on centralized entities. Imagine a world where every online community has its own DEX – that's the potential Orderly is unlocking.

有序的网络通过允许任何人启动自己的永久DEX来进一步将权力下放。这可能是改变游戏规则的人，赋予Daos和Trading Communities创建自己的收入来源，而无需依靠集中式实体。想象一个世界，每个在线社区都有自己的DEX - 这是潜在的有序解锁的世界。

AI Trading Bots: A Glimpse into the Future

AI交易机器人：一瞥未来

The rise of AI trading bots like MasterQuant and TrustStrategy offers another perspective on the future of crypto trading. These platforms use algorithms to scan markets and execute trades automatically, potentially generating passive income. While it's not directly related to Perp DEXs, it highlights the growing trend of automation and sophisticated tools in the crypto space.

Masterquant和TrustStrategy之类的AI交易机器人的兴起为加密交易的未来提供了另一种看法。这些平台使用算法自动扫描市场并执行交易，从而可能产生被动收入。尽管它与PERP DEX没有直接相关，但它突出了加密空间中自动化和复杂工具的增长趋势。

The Road Ahead: Competition and Innovation

前进的道路：竞争与创新

The Bybit report concludes that Perp DEXs are evolving, and competition is heating up. Centralized exchanges are even launching their own versions, blurring the lines between CeFi and DeFi. Hyperliquid, once seemingly untouchable, now faces real challenges. The key to success will be a combination of strong infrastructure, compelling narratives, and effective ecosystem incentives.

BYBIT报告得出结论，PERP DEX正在发展，竞争正在加热。集中式交流甚至在启动自己的版本，模糊了CEFI和DEFI之间的界限。曾经看似无法接触的杂种，现在面临着真正的挑战。成功的关键将是强大的基础设施，引人入胜的叙述和有效的生态系统激励措施的结合。

Final Thoughts: Buckle Up, Buttercup!

最终想法：扣紧，毛cup！

The world of Bybit, crypto, and Perp DEXs is a wild ride, and it's only getting more interesting. With new platforms emerging, priorities shifting, and AI entering the scene, it's an exciting time to be involved in the decentralized finance revolution. So, grab your popcorn, keep your eyes peeled, and get ready for the next chapter!

Bybit，Crypto和Perp Dexs的世界是一次疯狂的旅程，而且它变得越来越有趣。随着新平台的出现，优先级的转移和AI进入现场，这是一个激动人心的时刻，参与分散的金融革命。因此，抓住爆米花，保持眼睛剥落，并为下一章做好准备！