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People are accustomed to seeing successful individuals, but in fact, failure is the norm.
The creation of a contract a9 results in the loss of 10 a8 levels. 1 a8 is the shattered dream of 10 a7.
The same goes for projects. For example, in the case of perpdex, there is actually only Hyperliquid that stands out.
I just saw a cosmos system perp+dex that was launched in early 2024. Elys currently has a total daily perp+dex trading volume of 140,000 USD, and the protocol's revenue today is 160 USD.
(However, despite the severe situation, they have also distributed all the tokens that should be unlocked, and the product has been delivered seriously, without rugging anyone.)