Rumor has it that the next version of Bluefin will be launched in the first quarter of next year, directly competing with Hyperliquid.
After some brainstorming, Bluefin may focus on the following points:
① Building its own public chain, developing towards application chains/trading chains
② Leveraging an innovative token launch mechanism to boost the ecosystem (which means $BLUE will become the ecosystem's golden shovel)
③ Further solidifying liquidity to ensure more transactions occur on-chain
The next question is how much the new version of Bluefin can leverage the coin price. The details of the new version have not been released, making it hard to speculate, but fortunately, $BLUE is lightweight.
For comparison, in the same field:
Drift annual fees: $46 million
dYdX V4 annual fees: $44 million
Bluefin annual fees: $36 million
(Data source - DefiLlama, annual fee calculation method: protocol fees from the past month ✖️ 12)
Under similar fee levels, $BLUE's current market value is only a quarter of dydx and drift.
I hold, I cx
DYOR

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