$THE has also gotten up today, recently the competition in the DEX track on BNB Chain has really been intense.
At present, PancakeSwap still leads, with the largest scale, liquidity, and user volume far ahead, belonging to the 'stable player'. However, its gameplay tends to be traditional, making it difficult to bring new excitement to the market.
Thena is using the ve(3,3) incentive model and SocialFi to create community stickiness, with a strong short-term trading volume explosion, belonging to the dark horse type player.
But the entire DEX track is also being segmented, and recently the popularity of perp DEX has been very high, like $ASTER which is also extremely popular. Although Thena itself mainly focuses on spot + SocialFi, after the launch of the perpetual contract function, it is clearly moving in this direction, feeling that relying solely on this hotspot can sustain for a while longer.



