The derivatives track on the Base chain is experiencing a "civilian revolution" led by $ROLL !

As a rare Perp DEX that is entirely community-driven without VC funding, it achieved an astonishing leap shortly after launch, with the price soaring from 0.07 USDT to break through 0.12 USDT. This decentralized narrative directly addresses the current market fatigue towards "institutional coins." After the initial airdrop selling pressure was fully absorbed by the market, the current trading scene shows extremely strong upward momentum, with active trading volume indicating that large funds are accelerating into this Base-native innovative blue ocean.

From a technical perspective, $ROLL is not just a simple fork project. Its V2 version introduces a TEE-secured CLOB (centralized limit order book) architecture. This design ensures the core decentralized nature while significantly improving trading matching speed and security, creating a noticeable gap compared to projects like AVNT in the same category. Currently, its FDV is approximately $134 million, leaving considerable growth potential compared to leading platforms like Aster. The benefits of community governance combined with high APR staking rewards further lock in circulating supply, forming a virtuous cycle of "price increase—staking lock-up—supply reduction."

However, amid the rising FOMO sentiment, a cool-headed approach is also essential. Currently, $ROLL 's token distribution is relatively concentrated, with the market cap to TVL ratio at a high level, and technical indicators have entered an extremely overbought zone. This suggests a potential short-term correction risk due to profit-taking. To truly secure its position as the leading derivatives project on the Base chain, the project needs to achieve sustained substantial growth in trading volume and protocol revenue, rather than relying solely on emotion-driven premiums.

This coin has indeed been blazing hot recently, with many veterans doubling their investments upon entry, pushing the atmosphere to its peak. The key now is that it claims to be "free from institutional harvesting, purely driven by players," which is very appealing. Plus, with no gas fees and high-yield staking, many are willing to hold long-term. But even the hottest coin can't stay dry forever. Everyone is now watching whether it can truly ramp up trading volume and surpass those old-established platforms. If you're looking to jump in now, remember not to go all-in at once—be cautious of those who have already made profits and might sell off at any moment! #Gate广场创作者新春激励