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This is gonna trigger a lot of Lighter points baggies.(suggestion: sell some points OTC, its not HL, don't trick yourselves) but @extendedapp built on @Starknet has the better architecture and probably worth your time more.
The Lighter architecture is a black box.
The fees are a fugazi.
The documentation doesn't go into detail as to what it runs on - whereas Extended migrated just recently to Starknet and is going to only do interesting stuff from here on out.
Once the airdrop and 0 fees go the way of the dodo..there's good reason to believe its over.
Starknet as the settlement layer allows Extended to build beyond a perpdex, for example native lending and borrowing market, baked into the perps UI.
If your perpdex wants staying power with how HL is going with HIP3/HyperEVM and other primitives, it needs to think outside the box and give a more convincing case.

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