The current popularity of the Perp track is just like the L2 track back in the day, everyone is into Perp. It's getting really competitive, and Lighter made a few hundred dollars last week. The key point is that @grvt_io has raised a total of $33.3 million in five rounds of financing. Recently, trading volumes have also increased, and it seems not many people are talking about it, indicating that everyone is secretly competing. I just applied for the most expensive Platinum Ambassador, which can earn a 1.3X points multiplier. The first round has already ended, and the second round is starting. The TGE is expected in Q4 or Q1 of 2026. Participation link: Investment lineup Community allocation: 22% of the total supply is allocated to the community (increased from 20%, effective October 13, 2025, to include new users without diluting OG users) Airdrop breakdown: 20% of the genesis airdrop is divided into three pools (trading rewards, strategy/investment, community contributions) Points acquisition: The Rewards 2.0 launched on September 23 adopts a simplified single points system, resetting weekly/leaderboard. Points can be earned through trading (market maker/taker trading volume), deposits (10% interest, no lock-up), and strategies (copying professional managers). A total of 150,000 points are distributed weekly. In addition, @tradeparadex is also not lagging behind, with a solid background incubated by the Paradigm team. Currently, S2 is ongoing. Participation link: Lastly, regarding the once-prominent figure @arkm_zh, although they did airdrop, the project has great potential for the future. Points are currently being distributed. Points can be earned through spot and contract trading. The first round of points has already been airdropped, and the second round should be coming soon. Participation link: