TechFlow news — On August 19, Andrei Grachev, co-founder of DWF Labs, posted on social media: "This is my personal observation of the crypto market over the past two years: Downturn > Recovery > Bull Market > Correction > Meme Season > Correction > Perp Season > Recovery > Bull Market. We are currently in Perp Season. Note: This is not financial advice; DYOR."
Notably, "Perp Season" refers to a period when perpetual contract trading activity in the market is particularly active. During this phase, traders may observe increased trading volume in perpetual contracts, heightened market volatility, and greater participation from investors in leveraged trading.
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