Perpetual DEX has already become a complete mess. Basically, latecomers are taking over, and they’re just riding on the coattails of earlier players—nothing new or innovative. So what about prediction markets? That’s where the real potential and imagination lie.

The current situation is this: the leading projects in prediction markets haven’t issued tokens yet. To my knowledge, only one project on the Base chain has broken the ice and issued tokens, but there’s still no true industry leader to set the price. In other words, the ceiling hasn’t been established yet, and the entire track is full of uncertainty—this is both a risk and an opportunity.

Honestly, the profit potential in this situation is off the charts. The key is to find the right direction. Recently, there’s a project conducting early-stage funding, and I’ve been observing it for a while. I have some thoughts about its logic. For early-stage projects like this, they either change the game or become cannon fodder—there’s no middle ground.