Spotted an interesting angle on perpetual DEX innovation. A new protocol is combining perp trading with yield-bearing tokens—specifically launching both a perpetual derivatives platform and a yield-generating stablecoin simultaneously.

Here's what caught attention: the margin collateral actively generates returns while users trade. That's a clever mechanic—capital that traditionally sits idle now works double duty. Most competitors roll out one piece at a time, but this approach is bootstrapping both primitives from day one.

In DeFi, timing and execution matter. Being early with a complete product stack (perps + yield infrastructure) could translate into real competitive advantage. Whether it sticks depends on liquidity depth and actual user adoption, but the structural thinking is solid.