A couple of days ago, I went to my fren's house to mooch off the online class, and he suddenly popped up and said:

"Bro, did you know? It's now super easy to open a contract DEX, @OrderlyNetwork released a one-click generation tool Orderly One!"
I murmured in my heart:
"What? Even my neighbor Xiao Wang can open an exchange now?"

fren excitedly demonstrated to me:
"You see, as long as you integrate their SDK, the exchange can go live, liquidity is automatically shared, and transaction fees can be adjusted by yourself. Others call this 'Perp DEX as a Service', even KOLs can set up their own small exchanges."
I opened the ecological panel and took a look——
Oh dear, there are hundreds of DEXs listed, but in the past 30 days, 80% of the fee income hasn't even reached $1,000.
I couldn't help but laugh: "Isn't this a nationwide convenience store? It's lively, but there are hardly any that actually make money."

My fren wants to persuade me: "Don't do that, this can help more people go online quickly!"
I shake my head:
"To put it simply, this is more like Orderly promoting its own token scheme. To open a DEX, you need to spend $1,000 first, or you can use $ORDER to pay and get a discount. Then there are buybacks, events, promotions... The key to making money is actually Orderly itself, not every small DEX."

I continue to complain:
"Moreover, most of the current traffic on small DEXs is being driven by airdrop farmers; the real users and trading volume have not materialized at all. Who can survive in the long run? A few small DEXs that truly have liquidity and players."
fren was stunned for a moment after listening, then smiled wryly:
"Sigh, it turns out that opening a DEX cannot be done just by following the trend..."
I waved my hand and said, "Just like opening a milk tea shop, it's no use having a bustling front; the key is to make people come and pay every day."

Then the two of us went to have coffee, looking at the names of those more than a thousand small DEXs on the screen, almost laughing out loud.
It may be lively, but the truly fragrant ones are few and far between.
#OrderlyNetwork KaitoYap #Yap @OrderlyNetwork @KaitoAI