Industry insiders analyze that perpetual contracts (Perps) will evolve into "infrastructure" level components of exchanges and major public blockchains in the upcoming 2026-2027 cycle. In other words, their importance will be comparable to the core position of Layer 2 back in the day, and they may even become one of the most关注的 tracks in the next wave of narrative trends.

The logic behind this judgment is not complicated—whether it is the deep demand for derivatives trading or the competitive landscape of exchanges, Perps have already become standard features on major platforms. From the market enthusiasm perspective, these products are moving from niche to mainstream and are becoming an indispensable part of the crypto trading market.

Meanwhile, StandX has recently officially launched a trading points program (starting from December 10), further reflecting the continued rise in popularity of the Perps track. In this market cycle, competition in the perpetual contract market will become more intense, and participants are continuously improving product experience and incentive mechanisms.