#PerpDEXRace highlights the fast-growing competition among decentralized perpetual DEXs like Hyperliquid, dYdX, GMX, Vertex, and new Solana-based platforms. Traders are shifting to Perp DEXs for non-KYC access, low fees, deep liquidity, and fast execution, pushing record on-chain volumes. This race is boosting activity around assets like BTC, ETH, SOL, and ecosystem tokens such as $HYPE, $DYDX, $GMX, while rewarding consistent traders—though smart risk management remains essential.