Chain Exploration”100,000 Users in 3 Days: Can Bybit’s “Prodigal Son” Byreal Dethrone Hyperliquid as the King of DEX?”
Current crypto platforms are largely divided into two paths: off-chain compliance (e.g., Circle/Kraken pursuing IPOs, traditional finance pushing ETFs) and on-chain decentralization (e.g., Hyperliquid-like DEXs, token launchpads).