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Several major players emerged in the Perp track in 2025, and 2026 is also bound to be a hot year. Blindly rushing in could result in total loss; first understand the Perp track before considering whether to go all in.
Current situation of the Perp track in 2025-2026 (as of January 2026): This track has completely exploded, with on-chain derivatives trading volume accounting for a growing proportion of the entire crypto derivatives market, rising from 2-3% in 2023 to mid-2025.