Sky price

Recently, the DeFi track has been buzzing again. From the short-term surge of MYX, to the tenfold increase of AVNT, to the early gains of Aster airdrops exceeding tenfold, this wave of market has almost plunged the entire market into a state of FOMO. As an observer, I feel that this is not just a short-term boom driven by market sentiment, but also reflects investors' sensitivity to innovative DeFi protocols and their ability to capture potential projects. The short-term price is eye-catching, but from the perspective of long-term value investment, what is really worth paying attention to is the project with stable technology, reasonable ecological layout and experienced team. The on-chain data is very intuitive: MYX has risen from $10 to $17, and the average daily trading volume has nearly quadrupled; AVNT bottomed out at $1, with active addresses increasing by 35% in the past week. Aster's early airdrop users have earned more than ten times, with a price increase of more than 1300% in 12 hours. It can be seen that this wave of market has not only driven prices, but also significantly driven on-chain activity and user participation, and market sentiment and ecological vitality have formed a double resonance in the short term. From the perspective of market dynamics, the driving effect of pulling the market on the track is very obvious. The price surge of Aster directly led to the linkage of early projects such as MYX and AVNT. At the same time, platforms like Lighter.xyz, EdgeX_exchange, TradeParadex, and others have the opportunity to be the next thing in focus. The continuous expansion of the Base ecosystem provides investors with a clear direction - the superposition of ecological dividends and technological advantages means that in the boom of the track, opportunities are always left to discerning layoutrs. This also explains why Professor Suo lamented in the morning newspaper, "I can't eat everything that can be eaten at the second level", and the FOMO atmosphere drives not only the price, but also the market attention. A closer look at the entire DeFi track shows that the investment logic is quietly changing. In the past, the market was almost entirely driven by emotions: airdrops, short-term pulls became the focus, and new coins were abandoned after a wave of surges. But now, experienced investors are beginning to realize that to spot the next potential project in the boom, there are several key traits that need to be possessed: Excellent technology: sufficient trading depth, efficient matching mechanism, excellent slippage control, can carry large amounts of funds and institutional entry, and form a natural moat in derivatives and liquidity management. Ecological stability: Early users and community participation are the foundation, and there must be a clear incentive mechanism and ecological layout to continue to maintain activity in the return of funds and market expansion. Reasonable valuation: Popular coins on the track are easily pushed up by short-term pulls, and if new projects want to become long-term winners, they need to be stable in FDV and lock-up ratios, while leaving room for growth in long-term investment. Taking BSX as an example, it received multiple rounds of investment from Base in the early stages of the DEX track, and the lead investor, Blockchain Capital, is a veteran institution in crypto investment, which shows the industry's recognition of its technology and team. BSX's order book trading and matching capabilities are close to those of HyperliquidX, offering distinct advantages in high-frequency trading and liquidity management. Although it does not have the short-term profiteering of Aster, its robust technology and ecological layout provide low-risk layout opportunities for discerning investors. The Base ecosystem expansion dividend may also bring additional value to it. This shows that projects with technical moats and ecological advantages can often maintain steady growth after the market heat recedes. By this standard, Orderly's performance deserves special attention. Technology and trading mode: Order book trading and high-frequency matching capabilities give the platform a natural advantage in derivatives and liquidity management, while trading depth and slippage control performance are excellent, which can support large capital inflows and institutional participation. Ecosystem layout: Orderly is promoting cooperation and community incentives, and the platform's activity and transaction depth are expected to grow steadily with the expansion of ecosystems such as Base and EdgeX. Its multi-dimensional ecological strategy not only focuses on transaction volume, but also focuses on community governance and long-term incentives to retain value for funds and users. Valuation and potential: Compared with popular coins in the track, Orderly's fully circulating market value is still low, and the potential is huge. In terms of FDV and lock-up ratio, Orderly is relatively stable while providing a secure boundary for long-term investors. Financing background: It is worth noting that Orderly has completed a total of $25 million in financing since its inception, and early investors include Pantera, Dragonfly, Jump, Sequoia China and other top global institutions. Recently, everyone has been boasting about $AVNT calling it "Hyperliquid on Base", but the data tells me that $ORDER is the highly underrated perpetual contract opportunity. Orderly's model is more like the underlying engine of DeFi, or AWS of Web3: unified order book + omnichain liquidity, processing scale close to centralized exchanges. Currently supporting 58 builders with billions of dollars in liquidations, the $ORDER price remains stuck at the low valuation in the early stages of the track. Data comparison shows: On core metrics such as trading volume, TVL, open interest (OI), etc., Orderly is 2–6x higher than AVNT But $ORDER market capitalization is only 1/7–1/8 of AVNT This is not only an underestimation, but more like a market pricing error. The simple valuation model shows that $ORDER should be worth above $2.5, while the current trading price has just crossed $0.15. Once the market realizes its true value, the price may correct quickly rather than slowly return to a fair price, forming a strong upward momentum. It is worth emphasizing that Orderly is not only competing with other perp DEXs, but also building a full-chain and full-ecosystem infrastructure, aiming directly at the CME-level clearing system. In other words, its value is not only reflected in the short-term market but also in the foundation and long-term potential of the entire DeFi ecosystem. Combined with recent market dynamics, DeFi investment strategies can be divided into short-term arbitrage and long-term layout. Short-term arbitrage opportunities are obvious: seize pump-ups and airdrop gains to make quick profits like MYX, AVNT, and Aster. However, long-term layout is more eye-catching, and truly stable opportunities are often hidden in projects with deep technology, complete ecology and experienced teams. Orderly is an example of this: it may not be fully recognized by the market immediately, but as the DeFi track matures, such undervalued technology projects will often usher in a revaluation. From an investor's perspective, the DeFi boom is not only chasing short-term profiteering, but also a process of re-evaluating track potential, technological innovation, and ecological layout. In doing so, Orderly meets three key dimensions: technology, ecology, and valuation, avoiding short-term noise while capturing long-term growth opportunities. In conclusion, the DeFi boom brings not only price fluctuations but also a window into observing, understanding, and tapping into potential projects. Rational investors should remain calm in the boom and pay attention to track trends and project core values. As a technical potential coin, Orderly undoubtedly deserves continued attention. In the coming months, with the return of market funds and the release of ecological dividends, Orderly's performance will be an important window to observe the maturity of DeFi and the potential investment logic.   Click to learn more about ChainCatcher's job openings   Recommended reading: With the official conclusion of DeFi iconic symbols MKR and DAI, how can SKY re-host market expectations? NAKA stock price plummeted 54% in one day, and the market is starting to get tired of DAT? Base Chain Coin Launch Coming Soon? 6 items to watch Return to the throne, Pump.fun Resurrection