2025-09-18 17:36:17

It's obvious we currently have a DEX perp meta.

First big one was $HYPE, most recent was $ASTER and I think the next one is the TRX one

$ASTER is currently $800M circ and 8B FDV

It's rumored that the $SUN token will be used for the next TRX perp dex, and the token is currently at $500M

With all that in mind I think $AVNT is currently quite undervalued at $286M which is nearly 50% the marketcap of the TRX perp dex and nearly 25% the marketcap of the BNB one

I think it's likely we see a new ATH on it if the current chart structure holds up

The hyperliquid of base should definitely be valued closer to the TRX one, at least

HYPE-2,82%

TRX-0,05%

SUN-2,51%

AVNT-0,56%

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