These days, the secondary market is really tough to play, and many on-chain projects are not doing very well. Instead of just chatting about the market, why not look at how projects that are filling in ecosystem gaps are doing it?

Taking the Meme track as an example, it seems lively on the surface, but there are actually many structural issues hidden beneath. Especially since Meme assets have long lacked short-selling mechanisms and comprehensive derivative tools, which have become bottlenecks restricting market development. Many investors want to hedge risks or execute complex trading strategies, but the tools are simply not enough.

The emergence of perpetual contract DEXs is changing this situation. They are not designed to cater to short-term emotions but aim at a long-overlooked gap—providing necessary tools like shorting, leverage, and hedging for Meme assets. With this, the Meme ecosystem can evolve from pure speculation to a more mature derivatives trading system. This is true ecosystem complementation.