The competition landscape of perpetual DEXs on the Base chain is becoming increasingly interesting. A careful observation reveals that the core of this battle is not about stacking features, but about market structure—who can become the pricing center on the chain.

BNB Chain already has two players, Aster and StandX, competing, while Arbitrum is firmly occupied by Hyperliquid. What about Base? As a rapidly growing public chain, such an ecosystem demand indeed exists.

There are many projects in the Base ecosystem, but few can truly become the core pricing venue. RollX v2 has recently entered my key observation list, mainly because it is attempting to solve some substantive issues on Base—this is not just about iterative features, but about redesigning the market participation mechanism from the ground up. Whoever can truly master the liquidity and trading characteristics of this chain will have the opportunity to become the next dominant player.