There are only a few perp DEXs that haven't issued tokens yet, and that's not very good.

Currently, only Hyper has some real users, and Aster has a little.
The several perp products that haven't issued tokens still lag behind Hyper; they basically have no real users, only scammer groups.
No one will continue to contribute trading fees, so the project has no revenue.
According to the tokenomics model, the team and VCs' tokens are usually unlocked gradually after six months or even a year.
Scammers get airdrops and immediately dump, and by the time the team and VCs get their tokens, they can't sell at a good price.
Both ways for the project to make money (collect fees, sell tokens) are blocked.
The only remaining option is to airdrop tokens to themselves and then dump.
Additionally, continuously PUA-ing users without issuing tokens to earn fees is also a good strategy.
Now, anyone who wants perp is a scumbag.
The prediction market is the same.