2026-01-02 11:27:55

Over the past two weeks, I accumulated 130k points through farming on Extended. Here's what I've noticed: point farming has become increasingly competitive across platforms. The current crypto market shows heavy concentration on perpetual DEX protocols—literally the entire ecosystem seems focused there now. The meta is getting crowded, honestly. Everyone's chasing the same yield opportunities, and I'm skeptical about whether the actual ROI stacks up anymore. As more participants flood these platforms, the margins keep getting tighter. Worth keeping an eye on whether this concentration is sustainable or if capital will eventually rotate elsewhere.

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RektRecorder

· 6h ago

130k points sounds like a lot, but the margin is indeed being squeezed to the limit... It feels like the perpetual DEX dividend is about to be exhausted.

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just_here_for_vibes

· 6h ago

130k points sounds like a lot, but this market has long been oversaturated... --- Perpetual DEX is really saturated, it feels like there’s nothing new anymore --- ROI is getting worse and worse, this wave of popularity probably won’t last long --- It’s just a gamble on whether you can beat others; the current margins are really unsustainable --- Honestly, I’m also watching and waiting; I feel funds will eventually flow elsewhere --- 130k sounds like a lot, but when you do the math, the returns are just okay --- The entire ecosystem is fixated on perpetuals, it’s a bit scary --- The meta is too crowded, now entering feels like just taking the fall guy’s role --- Centralization is so severe, it feels like something’s going to go wrong

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PumpDetector

· 6h ago

lmao 130k points and you're already questioning the thesis? classic sign we're near local top ngl... the perpetual dex meta always gets this way before the real money ghosts it

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SchrodingerGas

· 6h ago

130k ideas... On-chain evidence? Can we see the testnet snapshot? I feel like the perpetual DEX space is now purely a game of equilibrium. Entry costs are rising, but arbitrage opportunities are shrinking. Is this still farming? Where can we rotate to? Point the way.

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