2026-01-06 06:20:13

An interesting observation: the order placement points system on a certain perpetual DEX is similar to the routines of other derivatives trading platforms, but with some differences.

The core logic is quite straightforward— the larger the order amount and the longer the order is placed, the more points are accumulated. This mechanism is still attractive to market makers and long-term holders. However, based on user feedback, everyone feels it's not exciting enough.

What might truly attract trading volume is a combination of liquidation compensation or liquidity incentives. For example, dedicated point rewards for high-frequency traders and liquidation users, which could help bring more people in. After all, players in the derivatives market are most receptive to this kind of approach.

From the market activity perspective, the startup capital for such platforms should be at a considerable level, but whether they can sustain the heat long-term depends largely on the level of innovation in their incentive policies.

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StealthMoon

· 01-07 15:49

Long order times just to give points? Isn't this just a disguised way of locking funds? True traders won't buy into this.

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CodeAuditQueen

· 01-06 06:49

It's the same old trick again—long order placement times earn more points? This mechanism flaw is as obvious as a reentrancy attack; market makers can arbitrage and exploit it in minutes.

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Web3Educator

· 01-06 06:45

ngl the order book points thing is just gamification theater if it doesn't actually move the needle on volume. seen this movie before

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ThreeHornBlasts

· 01-06 06:43

The set of order placement points is nothing new, just a disguised way of burning money to keep users. --- It's the same old liquidation compensation scheme. Platforms like these will eventually rely on throwing money to survive. --- Basically, it depends on who has a deeper treasury. If they can't keep burning, they're done. There's nothing to analyze. --- Market makers definitely benefit from this, but retail investors still get cut like chives. The tricks haven't changed. --- Innovation in incentive policies? Laughable. In the end, it's all about competing in financing scale—a game of capital. --- Liquidity incentives combined with liquidation compensation sound good, but the question is, who foots the bill? --- The perpetual sector has been played out for a long time. Still researching points rules—kind of amusing. --- I'm tired of these platforms. They start out grand, but after three months, they begin to collapse.

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Layer2Observer

· 01-06 06:41

Order placement time to earn points? To put it simply, it's still the old trick, and the key is whether the incentive policy can keep up. This kind of compensation mechanism must genuinely make high-frequency traders profitable.

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