counterpoint: there has been way more turnover in the pro-terminal market than with launchpads pump has weathered far more attacks than anything else (until recently) meanwhile, pro trading UIs have had much more turnover (photon → bullx → axiom) fighting pump is a coordination challenge. to win, you have to: ~ convince all the liquidity that’s chasing new pairs to start chasing pairs on your launchpad ~ convince “devs” to launch assets with you ~ convince coin CTOs to run up coins your launchpad but these groups reinforce each other: ~ devs are there because the liquidity is there ~ liquidity is there because the rest of liquidity is there (and devs are also there) in order to fight axiom: ~ you can start by convincing a single trader to switch over because it’s a single player tool
John Wang
John Wang4.8. klo 03.36
This same framework is why Axiom will continue to dominate while all the launchpads compete in a race to the bottom on incentive spend (eg Pump, Bonk, Believe, Boop etc)
4,84K