<p>C&aacute;c s&agrave;n DEX ph&aacute;i sinh &#273;ang b&#432;&#7899;c v&agrave;o giai &#273;o&#7841;n &ldquo;ph&oacute;ng t&ecirc;n l&#7917;a&rdquo; khi kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#273;&#7841;t m&#7913;c cao k&#7927; l&#7909;c, v&#7899;i nh&#7919;ng t&ecirc;n tu&#7893;i l&#7899;n nh&#432; Binance v&agrave; Tron tham gia cu&#7897;c &#273;ua.</p>
<p>C&aacute;c n&#7873;n t&#7843;ng nh&#432; Hyperliquid v&agrave; Aster li&ecirc;n t&#7909;c ph&aacute; v&#7905; k&#7927; l&#7909;c m&#7899;i, bi&#7871;n cu&#7897;c c&#7841;nh tranh tr&#7903; th&agrave;nh t&acirc;m &#273;i&#7875;m n&oacute;ng nh&#7845;t c&#7911;a m&ugrave;a DeFi n&agrave;y. &#272;&acirc;y l&agrave; l&uacute;c c&aacute;c nh&agrave; &#273;&#7847;u t&#432; tr&ecirc;n chu&#7895;i h&aacute;o h&#7913;c &ldquo;l&ecirc;n t&agrave;u&rdquo; tr&#432;&#7899;c khi th&#7883; tr&#432;&#7901;ng tr&#7903; n&ecirc;n qu&aacute; &#273;&ocirc;ng &#273;&uacute;c.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-big-players-give-the-green-light">Nh&#7919;ng ng&#432;&#7901;i ch&#417;i l&#7899;n b&#7853;t &#273;&egrave;n xanh</h2>

<p>S&#7921; tr&#7895;i d&#7853;y c&#7911;a c&aacute;c s&agrave;n DEX ph&aacute;i sinh kh&ocirc;ng c&ograve;n ch&#7881; l&agrave; c&acirc;u chuy&#7879;n n&#7897;i b&#7897; c&#7911;a c&#7897;ng &#273;&#7891;ng DeFi &mdash; d&#432;&#7901;ng nh&#432; n&oacute; &#273;ang tr&#7903; th&agrave;nh m&#7897;t &#273;&#7897;ng th&aacute;i chi&#7871;n l&#432;&#7907;c quan tr&#7885;ng tr&ecirc;n to&agrave;n ng&agrave;nh. <a href="https://beincrypto.com/learn/binance-review/" target="_blank" rel="noreferrer noopener">CEO Binance</a> <a href="https://x.com/cz_binance/status/1968358873556992120" target="_blank" rel="noreferrer noopener">CZ g&#7847;n &#273;&acirc;y &#273;&atilde; &#273;&#7873; c&#7853;p &#273;&#7871;n Aster</a>, m&#7897;t s&agrave;n DEX ph&aacute;i sinh th&#7871; h&#7879; m&#7899;i, tr&#7921;c ti&#7871;p t&#7841;o ra hi&#7879;u &#7913;ng lan t&#7887;a trong s&#7889; 8 tri&#7879;u ng&#432;&#7901;i theo d&otilde;i c&#7911;a &ocirc;ng.</p>
<p>Tr&#432;&#7899;c &#273;&oacute;, Changpeng Zhao &#273;&atilde; &#273;&#7873; xu&#7845;t m&#7897;t <a href="https://vn.beincrypto.com/dark-pool-dex-for-perps-cz/" target="_blank" rel="noreferrer noopener">s&agrave;n DEX ki&#7875;u dark pool cho h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai v&#297;nh vi&#7877;n</a> &#273;&#7875; ch&#7889;ng l&#7841;i vi&#7879;c ch&#7841;y tr&#432;&#7899;c v&agrave; t&#259;ng c&#432;&#7901;ng quy&#7873;n ri&ecirc;ng t&#432; trong giao d&#7883;ch. B&ecirc;n c&#7841;nh &#273;&oacute;, nh&agrave; s&aacute;ng l&#7853;p Tron <a href="https://x.com/justinsuntron/status/1968740784099717604" target="_blank" rel="noreferrer noopener">Justin Sun t&iacute;ch c&#7921;c qu&#7843;ng b&aacute; SunPerp</a>, t&#7853;n d&#7909;ng h&#7879; sinh th&aacute;i Tron &#273;&#7875; &#273;&#432;a s&#7843;n ph&#7849;m &#273;&#7871;n h&agrave;ng tri&#7879;u ng&#432;&#7901;i d&ugrave;ng.</p>
<p>Nh&#7919;ng &#273;&#7897;ng th&aacute;i n&agrave;y kh&ocirc;ng ch&#7881; l&agrave; chi&ecirc;u tr&ograve; ti&#7871;p th&#7883;. Ch&uacute;ng r&otilde; r&agrave;ng cho th&#7845;y r&#7857;ng c&aacute;c s&agrave;n DEX ph&aacute;i sinh &#273;&atilde; &#273;&#7911; tr&#432;&#7903;ng th&agrave;nh &#273;&#7875; tr&#7903; th&agrave;nh &#273;i&#7875;m &#273;&#7871;n chi&#7871;n l&#432;&#7907;c cho c&aacute;c d&ograve;ng thanh kho&#7843;n l&#7899;n. Khi c&aacute;c h&#7879; sinh th&aacute;i h&agrave;ng &#273;&#7847;u tham gia, h&#7885; mang theo v&#7889;n v&agrave; s&#7921; tin t&#432;&#7903;ng c&#7911;a nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867;, m&#7903; &#273;&#432;&#7901;ng cho vi&#7879;c ch&#7845;p nh&#7853;n r&#7897;ng r&atilde;i. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; &#273;&#7849;y c&aacute;c s&agrave;n DEX ph&aacute;i sinh v&#432;&#7907;t ra kh&#7887;i tr&#7841;ng th&aacute;i &ldquo;ng&aacute;ch&rdquo; v&agrave; ti&#7871;n g&#7847;n h&#417;n &#273;&#7871;n vi&#7879;c tr&#7903; th&agrave;nh m&#7897;t &#273;&#7883;a &#273;i&#7875;m thanh kho&#7843;n ti&ecirc;u chu&#7849;n trong th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; r&#7897;ng l&#7899;n h&#417;n.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-perp-dexs-defi-s-secret-weapon-in-the-post-cex-era">Perp DEXs: &ldquo;V&#361; kh&iacute; b&iacute; m&#7853;t&rdquo; c&#7911;a DeFi trong k&#7927; nguy&ecirc;n h&#7853;u CEX</h2>

<p>Qu&#7929; &#273;&#7841;o t&#259;ng tr&#432;&#7903;ng c&#7911;a c&aacute;c s&agrave;n DEX ph&aacute;i sinh th&#7853;t s&#7921; &#7845;n t&#432;&#7907;ng. D&#7919; li&#7879;u t&#7915; DefiLlama cho th&#7845;y kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai v&#297;nh vi&#7877;n trong 30 ng&agrave;y qua &#273;&atilde; t&#259;ng l&ecirc;n 569 t&#7927; USD. T&#7893;ng kh&#7889;i l&#432;&#7907;ng h&agrave;ng th&aacute;ng trong th&aacute;ng 08 &#273;&#7841;t h&#417;n 623 t&#7927; USD, cao nh&#7845;t k&#7875; t&#7915; n&#259;m 2022. <a href="https://beincrypto.com/learn/hyperliquid-review/" target="_blank" rel="noreferrer noopener">Hyperliquid</a> (HYPE) ti&#7871;p t&#7909;c th&#7889;ng tr&#7883; v&#7899;i h&#417;n 329 t&#7927; USD trong kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch 30 ng&agrave;y, chi&#7871;m 57.8% th&#7883; ph&#7847;n.</p>
<img style="height:400px;width:640px;" decoding="async" alt="Kh&#7889;i l&#432;&#7907;ng perp. Ngu&#7891;n: DefiLlama" class="wp-image-743754 lazy" loading="lazy" src="https://assets.beincrypto.com/img/fXNpgMEd9syYYJb87ktCYwCd2gY=/smart/79e26c6747644e3385ec22defcdbc8b7">Kh&#7889;i l&#432;&#7907;ng perp. Ngu&#7891;n: <a href="https://defillama.com/perps" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

<p>Trong m&#7897;t ph&acirc;n t&iacute;ch kh&aacute;c c&#7911;a CoinGecko, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch v&#297;nh vi&#7877;n tr&ecirc;n c&aacute;c s&agrave;n giao d&#7883;ch phi t&#7853;p trung &#273;&atilde; &#273;&#7841;t m&#7913;c cao nh&#7845;t m&#7885;i th&#7901;i &#273;&#7841;i m&#7899;i l&agrave; 898 t&#7927; USD trong qu&yacute; 2 n&#259;m 2025. T&#7927; l&#7879; kh&#7889;i l&#432;&#7907;ng DEX/CEX c&#361;ng &#273;&#7841;t k&#7927; l&#7909;c 0.23, ph&#7843;n &aacute;nh s&#7921; chuy&#7875;n d&#7883;ch r&#7897;ng r&atilde;i h&#417;n v&#7873; ph&iacute;a phi t&#7853;p trung.</p>
<img style="height:400px;width:640px;" decoding="async" alt="Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch perp qu&yacute; 2 n&#259;m 2025. Ngu&#7891;n: CoinGecko" class="wp-image-743761 lazy" loading="lazy" src="https://assets.beincrypto.com/img/wXvVb_imgbZkKFignk6PcQ61t5w=/smart/7a55603d27db48c89b2b7217a48c7948">Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch perp qu&yacute; 2 n&#259;m 2025. Ngu&#7891;n: <a href="https://www.coingecko.com/research/publications/2025-q2-crypto-report" target="_blank" rel="noreferrer noopener nofollow">CoinGecko</a>

<p>Theo <a href="https://dune.com/uwusanauwu/perps" target="_blank" rel="noreferrer noopener nofollow">Dune Analytics</a>, Hyperliquid v&#7851;n l&agrave; vua th&#7883; tr&#432;&#7901;ng v&#7899;i 48.7% th&#7883; ph&#7847;n, <a href="https://defillama.com/protocol/perps/hyperliquid" target="_blank" rel="noreferrer noopener nofollow">ghi nh&#7853;n 2.725 ngh&igrave;n t&#7927; USD</a> trong kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch t&iacute;ch l&#361;y. Trong khi &#273;&oacute;, Aster &#273;ang n&#7893;i l&ecirc;n nh&#432; m&#7897;t &#273;&#7889;i th&#7911; &#273;&aacute;ng ch&uacute; &yacute;, v&#7899;i <a href="https://defillama.com/protocol/perps/aster" target="_blank" rel="noreferrer noopener nofollow">140 t&#7927; USD</a> trong giao d&#7883;ch t&iacute;ch l&#361;y.</p>
<img style="height:400px;width:640px;" decoding="async" alt="Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch Aster. Ngu&#7891;n: DefiLlama" class="wp-image-743763 lazy" loading="lazy" src="https://assets.beincrypto.com/img/D-gy-BbBdxwDEdQT7DnrODUn1DM=/smart/1a73b67f8ca448379b9dfda4f25dddd2">Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch Aster. Ngu&#7891;n: <a href="https://defillama.com/protocol/perps/aster" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

<p>&#272;i&#7873;u l&agrave;m cho c&aacute;c s&agrave;n DEX ph&aacute;i sinh tr&#7903; n&ecirc;n h&#7845;p d&#7851;n kh&ocirc;ng ch&#7881; l&agrave; c&aacute;c con s&#7889; t&#259;ng tr&#432;&#7903;ng v&agrave; c&#417; ch&#7871; c&#7911;a ch&uacute;ng: ph&iacute; th&#7845;p, &#273;&ograve;n b&#7849;y cao v&agrave; airdrop ph&#7847;n th&#432;&#7903;ng cho ng&#432;&#7901;i d&ugrave;ng. Tr&ecirc;n h&#7871;t, kh&#7843; n&#259;ng t&#7921; qu&#7843;n l&yacute; t&agrave;i s&#7843;n tr&ecirc;n c&aacute;c s&agrave;n DEX ph&aacute;i sinh tr&#7903; th&agrave;nh l&#7907;i th&#7871; quy&#7871;t &#273;&#7883;nh trong m&#7897;t th&#7871; gi&#7899;i h&#7853;u FTX, n&#417;i ni&#7873;m tin v&agrave;o c&aacute;c s&agrave;n giao d&#7883;ch t&#7853;p trung &#273;&atilde; b&#7883; x&oacute;i m&ograve;n.</p>


Perp DEX: Đâu là cược lớn tiếp theo cho thanh khoản DeFi trong tương lai?

<p>C&aacute;c s&agrave;n DEX ph&aacute;i sinh &#273;ang b&#432;&#7899;c v&agrave;o giai &#273;o&#7841;n &ldquo;ph&oacute;ng t&ecirc;n l&#7917;a&rdquo; khi kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch &#273;&#7841;t m&#7913;c cao k&#7927; l&#7909;c, v&#7899;i nh&#7919;ng t&ecirc;n tu&#7893;i l&#7899;n nh&#432; Binance v&agrave; Tron tham gia cu&#7897;c &#273;ua.</p>
<p>C&aacute;c n&#7873;n t&#7843;ng nh&#432; Hyperliquid v&agrave; Aster li&ecirc;n t&#7909;c ph&aacute; v&#7905; k&#7927; l&#7909;c m&#7899;i, bi&#7871;n cu&#7897;c c&#7841;nh tranh tr&#7903; th&agrave;nh t&acirc;m &#273;i&#7875;m n&oacute;ng nh&#7845;t c&#7911;a m&ugrave;a DeFi n&agrave;y. &#272;&acirc;y l&agrave; l&uacute;c c&aacute;c nh&agrave; &#273;&#7847;u t&#432; tr&ecirc;n chu&#7895;i h&aacute;o h&#7913;c &ldquo;l&ecirc;n t&agrave;u&rdquo; tr&#432;&#7899;c khi th&#7883; tr&#432;&#7901;ng tr&#7903; n&ecirc;n qu&aacute; &#273;&ocirc;ng &#273;&uacute;c.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-big-players-give-the-green-light">Nh&#7919;ng ng&#432;&#7901;i ch&#417;i l&#7899;n b&#7853;t &#273;&egrave;n xanh</h2>

<p>S&#7921; tr&#7895;i d&#7853;y c&#7911;a c&aacute;c s&agrave;n DEX ph&aacute;i sinh kh&ocirc;ng c&ograve;n ch&#7881; l&agrave; c&acirc;u chuy&#7879;n n&#7897;i b&#7897; c&#7911;a c&#7897;ng &#273;&#7891;ng DeFi &mdash; d&#432;&#7901;ng nh&#432; n&oacute; &#273;ang tr&#7903; th&agrave;nh m&#7897;t &#273;&#7897;ng th&aacute;i chi&#7871;n l&#432;&#7907;c quan tr&#7885;ng tr&ecirc;n to&agrave;n ng&agrave;nh. <a href="https://beincrypto.com/learn/binance-review/" target="_blank" rel="noreferrer noopener">CEO Binance</a> <a href="https://x.com/cz_binance/status/1968358873556992120" target="_blank" rel="noreferrer noopener">CZ g&#7847;n &#273;&acirc;y &#273;&atilde; &#273;&#7873; c&#7853;p &#273;&#7871;n Aster</a>, m&#7897;t s&agrave;n DEX ph&aacute;i sinh th&#7871; h&#7879; m&#7899;i, tr&#7921;c ti&#7871;p t&#7841;o ra hi&#7879;u &#7913;ng lan t&#7887;a trong s&#7889; 8 tri&#7879;u ng&#432;&#7901;i theo d&otilde;i c&#7911;a &ocirc;ng.</p>
<p>Tr&#432;&#7899;c &#273;&oacute;, Changpeng Zhao &#273;&atilde; &#273;&#7873; xu&#7845;t m&#7897;t <a href="https://vn.beincrypto.com/dark-pool-dex-for-perps-cz/" target="_blank" rel="noreferrer noopener">s&agrave;n DEX ki&#7875;u dark pool cho h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai v&#297;nh vi&#7877;n</a> &#273;&#7875; ch&#7889;ng l&#7841;i vi&#7879;c ch&#7841;y tr&#432;&#7899;c v&agrave; t&#259;ng c&#432;&#7901;ng quy&#7873;n ri&ecirc;ng t&#432; trong giao d&#7883;ch. B&ecirc;n c&#7841;nh &#273;&oacute;, nh&agrave; s&aacute;ng l&#7853;p Tron <a href="https://x.com/justinsuntron/status/1968740784099717604" target="_blank" rel="noreferrer noopener">Justin Sun t&iacute;ch c&#7921;c qu&#7843;ng b&aacute; SunPerp</a>, t&#7853;n d&#7909;ng h&#7879; sinh th&aacute;i Tron &#273;&#7875; &#273;&#432;a s&#7843;n ph&#7849;m &#273;&#7871;n h&agrave;ng tri&#7879;u ng&#432;&#7901;i d&ugrave;ng.</p>
<p>Nh&#7919;ng &#273;&#7897;ng th&aacute;i n&agrave;y kh&ocirc;ng ch&#7881; l&agrave; chi&ecirc;u tr&ograve; ti&#7871;p th&#7883;. Ch&uacute;ng r&otilde; r&agrave;ng cho th&#7845;y r&#7857;ng c&aacute;c s&agrave;n DEX ph&aacute;i sinh &#273;&atilde; &#273;&#7911; tr&#432;&#7903;ng th&agrave;nh &#273;&#7875; tr&#7903; th&agrave;nh &#273;i&#7875;m &#273;&#7871;n chi&#7871;n l&#432;&#7907;c cho c&aacute;c d&ograve;ng thanh kho&#7843;n l&#7899;n. Khi c&aacute;c h&#7879; sinh th&aacute;i h&agrave;ng &#273;&#7847;u tham gia, h&#7885; mang theo v&#7889;n v&agrave; s&#7921; tin t&#432;&#7903;ng c&#7911;a nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867;, m&#7903; &#273;&#432;&#7901;ng cho vi&#7879;c ch&#7845;p nh&#7853;n r&#7897;ng r&atilde;i. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; &#273;&#7849;y c&aacute;c s&agrave;n DEX ph&aacute;i sinh v&#432;&#7907;t ra kh&#7887;i tr&#7841;ng th&aacute;i &ldquo;ng&aacute;ch&rdquo; v&agrave; ti&#7871;n g&#7847;n h&#417;n &#273;&#7871;n vi&#7879;c tr&#7903; th&agrave;nh m&#7897;t &#273;&#7883;a &#273;i&#7875;m thanh kho&#7843;n ti&ecirc;u chu&#7849;n trong th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; r&#7897;ng l&#7899;n h&#417;n.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-perp-dexs-defi-s-secret-weapon-in-the-post-cex-era">Perp DEXs: &ldquo;V&#361; kh&iacute; b&iacute; m&#7853;t&rdquo; c&#7911;a DeFi trong k&#7927; nguy&ecirc;n h&#7853;u CEX</h2>

<p>Qu&#7929; &#273;&#7841;o t&#259;ng tr&#432;&#7903;ng c&#7911;a c&aacute;c s&agrave;n DEX ph&aacute;i sinh th&#7853;t s&#7921; &#7845;n t&#432;&#7907;ng. D&#7919; li&#7879;u t&#7915; DefiLlama cho th&#7845;y kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai v&#297;nh vi&#7877;n trong 30 ng&agrave;y qua &#273;&atilde; t&#259;ng l&ecirc;n 569 t&#7927; USD. T&#7893;ng kh&#7889;i l&#432;&#7907;ng h&agrave;ng th&aacute;ng trong th&aacute;ng 08 &#273;&#7841;t h&#417;n 623 t&#7927; USD, cao nh&#7845;t k&#7875; t&#7915; n&#259;m 2022. <a href="https://beincrypto.com/learn/hyperliquid-review/" target="_blank" rel="noreferrer noopener">Hyperliquid</a> (HYPE) ti&#7871;p t&#7909;c th&#7889;ng tr&#7883; v&#7899;i h&#417;n 329 t&#7927; USD trong kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch 30 ng&agrave;y, chi&#7871;m 57.8% th&#7883; ph&#7847;n.</p>
<img style="height:400px;width:640px;"decoding="async" alt="Kh&#7889;i l&#432;&#7907;ng perp. Ngu&#7891;n: DefiLlama" class="wp-image-743754 lazy" loading="lazy" src="https://assets.beincrypto.com/img/fXNpgMEd9syYYJb87ktCYwCd2gY=/smart/79e26c6747644e3385ec22defcdbc8b7">Kh&#7889;i l&#432;&#7907;ng perp. Ngu&#7891;n: <a href="https://defillama.com/perps" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

<p>Trong m&#7897;t ph&acirc;n t&iacute;ch kh&aacute;c c&#7911;a CoinGecko, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch v&#297;nh vi&#7877;n tr&ecirc;n c&aacute;c s&agrave;n giao d&#7883;ch phi t&#7853;p trung &#273;&atilde; &#273;&#7841;t m&#7913;c cao nh&#7845;t m&#7885;i th&#7901;i &#273;&#7841;i m&#7899;i l&agrave; 898 t&#7927; USD trong qu&yacute; 2 n&#259;m 2025. T&#7927; l&#7879; kh&#7889;i l&#432;&#7907;ng DEX/CEX c&#361;ng &#273;&#7841;t k&#7927; l&#7909;c 0.23, ph&#7843;n &aacute;nh s&#7921; chuy&#7875;n d&#7883;ch r&#7897;ng r&atilde;i h&#417;n v&#7873; ph&iacute;a phi t&#7853;p trung.</p>
<img style="height:400px;width:640px;"decoding="async" alt="Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch perp qu&yacute; 2 n&#259;m 2025. Ngu&#7891;n: CoinGecko" class="wp-image-743761 lazy" loading="lazy" src="https://assets.beincrypto.com/img/wXvVb_imgbZkKFignk6PcQ61t5w=/smart/7a55603d27db48c89b2b7217a48c7948">Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch perp qu&yacute; 2 n&#259;m 2025. Ngu&#7891;n: <a href="https://www.coingecko.com/research/publications/2025-q2-crypto-report" target="_blank" rel="noreferrer noopener nofollow">CoinGecko</a>

<p>Theo <a href="https://dune.com/uwusanauwu/perps" target="_blank" rel="noreferrer noopener nofollow">Dune Analytics</a>, Hyperliquid v&#7851;n l&agrave; vua th&#7883; tr&#432;&#7901;ng v&#7899;i 48.7% th&#7883; ph&#7847;n, <a href="https://defillama.com/protocol/perps/hyperliquid" target="_blank" rel="noreferrer noopener nofollow">ghi nh&#7853;n 2.725 ngh&igrave;n t&#7927; USD</a> trong kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch t&iacute;ch l&#361;y. Trong khi &#273;&oacute;, Aster &#273;ang n&#7893;i l&ecirc;n nh&#432; m&#7897;t &#273;&#7889;i th&#7911; &#273;&aacute;ng ch&uacute; &yacute;, v&#7899;i <a href="https://defillama.com/protocol/perps/aster" target="_blank" rel="noreferrer noopener nofollow">140 t&#7927; USD</a> trong giao d&#7883;ch t&iacute;ch l&#361;y.</p>
<img style="height:400px;width:640px;"decoding="async" alt="Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch Aster. Ngu&#7891;n: DefiLlama" class="wp-image-743763 lazy" loading="lazy" src="https://assets.beincrypto.com/img/D-gy-BbBdxwDEdQT7DnrODUn1DM=/smart/1a73b67f8ca448379b9dfda4f25dddd2">Kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch Aster. Ngu&#7891;n: <a href="https://defillama.com/protocol/perps/aster" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

<p>&#272;i&#7873;u l&agrave;m cho c&aacute;c s&agrave;n DEX ph&aacute;i sinh tr&#7903; n&ecirc;n h&#7845;p d&#7851;n kh&ocirc;ng ch&#7881; l&agrave; c&aacute;c con s&#7889; t&#259;ng tr&#432;&#7903;ng v&agrave; c&#417; ch&#7871; c&#7911;a ch&uacute;ng: ph&iacute; th&#7845;p, &#273;&ograve;n b&#7849;y cao v&agrave; airdrop ph&#7847;n th&#432;&#7903;ng cho ng&#432;&#7901;i d&ugrave;ng. Tr&ecirc;n h&#7871;t, kh&#7843; n&#259;ng t&#7921; qu&#7843;n l&yacute; t&agrave;i s&#7843;n tr&ecirc;n c&aacute;c s&agrave;n DEX ph&aacute;i sinh tr&#7903; th&agrave;nh l&#7907;i th&#7871; quy&#7871;t &#273;&#7883;nh trong m&#7897;t th&#7871; gi&#7899;i h&#7853;u FTX, n&#417;i ni&#7873;m tin v&agrave;o c&aacute;c s&agrave;n giao d&#7883;ch t&#7853;p trung &#273;&atilde; b&#7883; x&oacute;i m&ograve;n.</p>
