The anti-witchcraft strategy of perpetual DEXs is worth reconsidering. Users invest real funds to pay fees and contribute trading data, only to be monitored and restricted. This is essentially a disconnect between expectation management and user experience.

The problem is: excessive anti-witchcraft mechanisms often harm genuine traders. They bear trading costs but are mistakenly flagged by algorithms or even face account restrictions. This not only damages trust but also raises the entry barrier for the ecosystem.

In contrast, some DEXs adopt a different approach—welcoming high-frequency traders and never making witchcraft judgments on trading behavior. Although this open attitude carries risks, it actually attracts more liquidity providers and traders.

In the long run, DEXs should find a balance between risk control and user friendliness. Overly restrictive measures will ultimately drive genuine traders to other platforms.