Position among a bunch of perps is shifting fast right now Wanted to share where I’m currently active and which ones still feel worth grinding points on for possible future rewards Not claiming this is the correct take, just laying out what I’m personally doing and where I’m putting my focus Starting with the top priority stuff - Tier 1 @QFEX Still sits at #1 for me when it comes to early participation, if anything the risk/reward feels better now than it did before They launched a loss refund program and at this point there’s nothing else that looks more attractive to interact with if you’re trying to farm points efficiently If you’ve been skipping them so far, this is probably the window Every week you have a 20% chance to get refunded on your losing trades, the play is pairing it with delta-neutral positions against other perps Referral cuts all fees by 10%: qfex.com/@philarmonia Season 0 points are still running too, which usually means the best time to stack them, my guess is it lasts until Variational TGE @risextrade They also haven’t disappointed me so far, so they stay high on the list What I like is that you don’t necessarily have to chase massive volume to earn points - just holding decent open interest works Planning to park size here while running the QFEX refund play Points boost through this link: rise.trade/invite/perp There’s also chatter that they raised a solid round and might move toward zero fees, if that’s real, farming points gets way harder after any announcements, so better to stack now Now Tier 2 @arcus_xyz They had a strong launch both in terms of attention and actual metrics, which is why they’re currently sitting around 3rd for me I’m probably going to pause activity here for a bit while the QFEX refund thing is active and put more focus there After that I plan to come back - holding OI here also seems to print a decent amount of points without needing crazy volume @get_truenorth Same as before, still think the project has potential but I haven’t interacted with them much yet Still waiting for them to add the perps I’m already active on, hoping that happens before their points program goes live My ref doesn’t give any boost so just use @muarmemuar link for boost Feels like they could pull something similar to what @tread_fi did, where interacting with multiple projects ends up being decent for rewards That’s pretty much the list of things I’m actively touching right now, noticeable that the number of projects has gotten smaller Quick notes on a couple I was still on recently: @TxFlow_L1 - dropping it, don’t like that they’re not rewarding points for just holding positions without volume @bulktrade - also stopping, the shift toward more gamification usually doesn’t end well On the image attached to this post I marked the ones I never touched and have no plans to start with, not gonna break each one down individually, post would get way too long Also keeping an eye on a few that haven’t launched yet but look interesting: @derpetual, @GTE_XYZ and @blinktrade That’s about it Curious what everyone else is seeing in the perps space right now - am I missing something obvious? It only took a month for my priorities to shift a little, wouldn't be surprised if it happens again before the new year