LinenXmito
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🚨 LINENMITO MONTHLY PERP-DEX LEADERBOARD UPDATE

Here is a monthly update of the perp-dexs LinenMito interacts with, ranks, and strategyπŸ‘‡πŸ‘‡

https://x.com/linenmito/status/2027718237346009303?s=20
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Top 9 Perp-Dex For The Month of March

It's a New Month, and Here are the Top 9 Protocols/Perp-Dexs LinenMito is Interacting with

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https://x.com/linenmito/status/2028441774226641401?s=20
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What You Must Understand When Trading Perps

My Open Position on
Variational
is: -$2.7M

Yes, you read that right. Currently sitting on a -$2.7M open position on Variational.

Before you panic

https://x.com/linenmito/status/2028842921529606174?s=20
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Determining Variational Point System for Core contribution

The best way to contribute to an ecosystem is understanding their core metrics and contributing towards it

For Variational, Linenmito has been trying to identify the core metric in order to contribute to it the most, therefore, I am putting this post,

If anyone interested, please reply with the detail below: (u can dm me or just reply here)

- What do you think is the core metric to the variational points system?

- What was your last week’s(7d) volume?

- What was your open interest?

- What was your TVL?(optional)

- And what is your point reward?

Please respond to which you think is the core metric for variation.

We will make the post afterward and share what we think.

p.s screenshot for everyweek's point is captured on every thursday 00:00UTC.

https://x.com/linenmito/status/2029186104440570061?s=20
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Position Update on Variational

Market momentum continues to shift.
Our open position has now
improved to sub -$2M, currently sitting at -$1.98M as price action stabilizes across majors.

This
position is carefully managed πŸ‘‡πŸ‘‡πŸ‘‡

https://x.com/linenmito/status/2029515458467016942?s=20
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Week 12 points are in on Variational

We’ve officially crossed 50K points while maintaining the #1 spot on the points leaderboard using our same old strategy

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https://x.com/linenmito/status/2029868118789542110?s=20
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The Perp-Dex Landscape | Top 10

Perp-DEXs Are the Real Alpha in This Market. While most of the market is deteriorating one sector continues to generate opportunity:

Here are the top 10 Perp Dexs and what we are interacting with πŸ‘‡πŸ‘‡πŸ‘‡

https://x.com/linenmito/status/2031008069115642285?s=20
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Today, KASTxyz closed their Series A funding, raising $80M.

It’s special to me because this was the first project I shared here when I decided to become active on X.

Fast forward to today, we’re sitting Top 100 on the leaderboard with 3.7M+ points.

Are you still interacting with Kast?

https://x.com/linenmito/status/2031075369605038123?s=20
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From our recent Survey on Determining Variational's Core Metric, Here is Linenmito's Conclusion πŸ‘‡πŸ‘‡πŸ‘‡

https://x.com/linenmito/status/2031085474303885332?s=20
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How The Prediction Market is Pricing The Top Tokenless PerpDexs

Prediction markets on
Polymarket are currently estimating the FDV of upcoming launches, and the numbers are surprisingly conservative.

For example:

https://x.com/linenmito/status/2031364530924650684?s=20
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Inside Trade[xyz] - The Biggest RWA Perp DEX Protocol

RWA + PerpDex is quietly becoming one of the most important narratives in crypto.
While most of the market is focused on AI and short term rotations, a new sector is emerging: RWA perpetual trading and one platform is worth watching
@tradexyz


By the end of this post you’ll understand:
+ What Trade[xyz] actually is
+ The volume and open interest it’s generating
+ Whether there are backers involved
+ If there is a potential airdrop
+ And my honest conclusion as a trader

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https://x.com/linenmito/status/2031716281628434768?s=20
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Top 5 Perp-DEXs by Open Interest 🧡

I did a careful review of the top 5 perpetual DEXs ranked by open interest this week.

Important observation:
- The top 2 already have a token.
- The other 2/3 are yet to launch a token and are currently running point systems, that's where the Alpha is.

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https://x.com/linenmito/status/2032066444364525947?s=20
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μ—­ν”„ 2ν”„λ‘œλ„€μš”,

ν…Œλ” 맀수 λ‹¬λŸ¬ 곡맀도, λ‹€λ“€ μ•„λŠ” λ…Έλ¦¬μŠ€ν¬ 2ν”„λ‘œ κ΅¬κ°„μž…λ‹ˆλ‹€
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Variational Points Distribution For Week 13

Still No1 on the Points leaderboard, with 52,485 points.

Current Stats:
- 52K+ total points
- Rank #1 on the points leaderboard with 52,485 pts
- Rank #1 in loss refunds with $191K refunded
- Traded: $BTC, $HYPE, $SOL, $ETH & $BNB

I also discovered that joining Variational the right way can actually give you a points boost.

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https://x.com/linenmito/status/2032576486566137904?s=20
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How to actually earn more
Variational points even with little capital (without wasting capital)

I’m currently Ranked No1 on the Variational Points leaderboard with 52K+ points and over $190K+ in loss refund claims.

If your goal is points, not screenshots, this is the framework that works πŸ‘‡

https://x.com/linenmito/status/2033517704401813990?s=20
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