According to CoinMeta, Wu said that the transaction volume of protocols built around perp, DEX, lighter, builder, and code has increased from 0 to 5.4% in the past four months, and on some individual days, it even exceeded 10%. The main protocols include minara, ai, wallet, in, telegram, and the early versions of insil as well as terminal. The structure of lighter is similar to that of builder and code, and it allows third-party protocols to set fees of up to 10 basis points.