PANews reported on March 24 that according to CZ’s post on the X platform, at 01:17 Beijing time on March 24, he conducted his first on-chain perpetual contract test on APX Finance, going long on the token mubarak, which is currently priced at about $0.149, with a stop-profit of $0.165. CZ said that this was to experience the on-chain transaction process and test whether MEV (miner extractable value) still exists. He also revealed that he had never traded futures on the Binance platform and had only seen product demonstrations. He also said that the overall on-chain experience was not as good as CEX and that he did not plan to become a trader.
CZ tests perpetual contracts on-chain for the first time, says he has never traded futures on Binance
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