0xSun has identified perpetual decentralized exchanges (Perp DEX) and prediction markets as significant narratives in the current crypto landscape, despite a weak market and elevated fear and greed index. Hyperliquid is experiencing robust on-chain demand, while Lighter is embroiled in debates over airdrops. Prediction markets have gained mainstream attention but are grappling with ethical challenges. Polymarket and Opinion Labs are leading in usability, with Opinion Labs achieving $10 billion in BNB volume. Price prediction remains a focal point as traders seek market clarity.