Electric car manufacturer “Faraday Future” advertises its own DEX! Jia Yueting was complained by netizens: Go back and make cars better

👤 02mp@Audrey 📅 2026-04-02 07:25:59

Jia Yueting posted a post praising that DEX has entered a mature stage. The popularity of Aster has verified the necessity of CEX-level experience and community incentives. However, his tone changed to recommending his own DEX products, which attracted complaints from netizens.
(Preliminary summary: $ASTER broke through 2.4 US dollars and hit a record high! The CEO confirmed that the Aster Chain will be launched, CZ: The era of Perp Dex has come)
(Background supplement: If you missed Aster, you can also pay attention to these Perp DEXs that make money but have not issued coins)

Jia Yueting, the founder of the American electric vehicle company Faraday Future, is also an old currency user. Today he is on X The platform issued a document stating that the DEX market has entered a mature stage. The key to the success of the platform lies in CEX-level user experience and community incentives. The case of Aster has verified the new generation of transaction logic.

The launch of Aster is a market-shaking event. ~$500B in volume, >$1B TVL, and briefly capturing nearly 50% of the perp DEX market is a testament to getting the formula right. A quick analysis of why it's working:

1/ Trust & Product: Top-tier backing (led by former Binance Labs…

— YT Jia 佳伟婷 (@YTJiaFF) September 25, 2025

In the past, users were willing to endure lags or high fees just for the security and privacy of "wallet self-hosting". Now the demand is more mature, and the new generation of DEX led by Hyperliquid. The platform focuses on speed, stability and market depth. Jia Yueting said bluntly in the post:

Decentralization is just the ticket, the real winner is experience and incentives.

Aster has become a new model

Token economy and airdrop activities are described as the "source of liquidity" of DEX. DEX: Five days after the token was listed, the total locked value (TVL) exceeded US$1.6 billion, 330,000 new users were introduced, and approximately 331,864 Ethereum coins flowed into the pool. After the token was issued, the total amount of spot and perpetual contracts overtook many time-honored exchanges during some periods, and the daily active trading volume reached a maximum of 7.93.

The data shows that as long as the incentive mechanism is transparent enough, the market is willing to vote with real money.

But Jia Yueting tweeted for his DEX "BestTrade." DeAI" advertised, and the following Chinese netizens left messages such as "Build a good car" and "Come to the currency circle to cut leeks." The main reason is that Faraday Future's stock is in danger, and there is a risk of delisting. The delivery volume of electric vehicles has not kept up with the order expectations. Now Faraday Future also wants to build a currency exchange and add AI products, which surprises many netizens.

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02mp@Audrey

02mp@Audrey

Blockchain and cryptoassets editor, focusing onanalyzeDomain content analysis and insights

Comment (10)

Theo 86days ago
The vision of Web3 requires such a solid construction.
Betty 86days ago
The lack of a killer application is the industry’s biggest embarrassment.
Imani 86days ago
The current industry trends are becoming clearer and clearer.
Nathan 86days ago
The vision of "Internet of Value" is currently unaffordable.
Ryan 87days ago
The ecosystem will be more mature in the future.
Clyde 87days ago
The current market is highly volatile, but the long-term trend remains unchanged.
Percy 87days ago
The article mentioned data sovereignty, which is the core.
Andy 96days ago
Agreed, cross-chain collaboration is the general trend.
Dorian 102days ago
In the future, the industry will pay more attention to safety.
Fiona 104days ago
The idea of decentralization is reshaping the Internet.

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