There are many discussions about DEX in the market. Trading volume data is frequently mentioned. The REF protocol has gained attention. Various airdrop opportunities are also continuing to ferment.

But the real question is—who will become the next player at the level of Hyperliquid or Lighter?

I have tried several extension tools, but this core question still warrants reflection. The competitive landscape of the DEX track is still evolving, and there is still great potential for someone to stand out from the crowd.