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