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The project's TGE has been postponed to March next year. The square indeed exploded, with many shouting "cutting leeks." But upon closer inspection, this move is less about passivity and more about laying out a big chess game.
In crypto investing, the easiest trap to fall into is being "impulsive." Good projects die early if they go live prematurely, while bad projects rely on timing to survive until dawn. Compared to blindly following the trend, timing your moves actually tests your resolve.
The data speaks for itself. This project's TVL has already reached 457 million, with daily trading volume stable around 3.9 billion, accounting for 14.6% of the entire Perp DEX sector. There are 176 trading pairs supported, with 100x leverage—these numbers all indicate that the product itself is already operational.
The key is, truly strong projects are never afraid to wait. When the timing is right, they soar; when it's wrong, even the best products have to bow out. Waiting for the right window is smarter than rushing to launch and being educated by the market.