Sui Network recently highlighted the expansion of its perpetual futures ecosystem with the launch of AftermathFi, a decentralized platform that's making waves in DeFi. In a tweet from Sui's official account, they shared a clip from a livestream where @0xairtx, a key figure at AftermathFi, breaks down why they picked Sui over other blockchains.

For those new to the term, perpetual futures—or "perps"—are contracts that let traders bet on the price of assets like cryptocurrencies without an expiration date. They're popular in crypto because they allow for leverage, meaning you can amplify your gains (or losses) with borrowed funds. AftermathFi brings this to Sui with a fully on-chain order book, ensuring transparency and security.

In the clip, @0xairtx explains that Sui wasn't their initial choice, but it quickly became the best fit. The main draw? Sui's unique DAG (Directed Acyclic Graph) model. Unlike traditional blockchains that process transactions in a linear chain, DAG lets multiple transactions happen in parallel without them competing for space. This means different markets on AftermathFi don't step on each other's toes, leading to smoother operations and better price discovery—basically, more accurate and efficient pricing for trades.

Another big plus is Sui's storage rebate system. On most blockchains, storing data costs gas fees that add up over time. Sui flips this by rewarding users for deleting unnecessary data, effectively giving money back. @0xairtx notes how these features add up to a "really good design" that supports thicker order books. Thicker books mean more buy and sell orders at various prices, which attracts more participants and improves liquidity. For meme token traders, this could translate to easier leveraged bets on volatile assets without high fees eating into profits.

This development is exciting for the meme token community on Sui. With platforms like AftermathFi, traders can now engage in high-leverage plays on emerging memes, potentially amplifying the fun (and risks) of meme trading. Sui's low-cost environment makes it accessible for retail users, not just whales.

If you're into DeFi or meme tokens, check out the full livestream on Sui's YouTube or dive into AftermathFi at their official site. As Sui continues to grow, expect more innovations that make blockchain trading faster and cheaper.

Stay tuned to Meme Insider for more updates on how DeFi tools like perps are shaping the meme token landscape.