Deep Dive
1. Perpetuals Expansion (17 September 2025)
Overview
Blum will launch perpetual contracts for 20+ major assets (including $BTC, $ETH, $TON, and memecoins like $PEPE) on 17 September 2025, as announced. This follows the hybrid exchange’s existing spot and derivatives offerings.
What this means
This is bullish for liquidity and trader retention, as perpetuals typically drive higher volumes. However, competition from established perpetuals platforms (e.g., dYdX) could limit upside.
2. AEON Partnership Integration (Q4 2025)
Overview
Blum partnered with AEON Pay in September 2025 to enable $BLUM spending at 20M+ merchants globally (e.g., Starbucks, McDonald’s). The roadmap update for this integration is pending but expected to focus on QR-based crypto payments via Telegram.
What this means
Neutral-to-bullish: Real-world utility could boost adoption, but success depends on merchant uptake and regulatory compliance in emerging markets like Nigeria/SE Asia.
Overview
Per the June 2025 AMA, Blum plans AI-driven features like auto-rebalancing portfolios and sentiment-based trade alerts. These tools aim to simplify on-chain trading for its 95M+ users.
What this means
Bullish if executed well, as AI could differentiate Blum in crowded Telegram trading ecosystems. Risks include over-reliance on unproven AI models.
4. Dedicated Blockchain Development (2026)
Overview
Blum’s CTO confirmed plans for a dedicated blockchain optimized for high-frequency trading, inspired by Hyperliquid’s architecture. This would reduce reliance on TON/Solana and enable custom fee structures.
What this means
Long-term bullish: A proprietary chain could enhance scalability and token utility. However, development delays (common in L1 launches) pose risks.
Conclusion
Blum is prioritizing trader-centric products (perpetuals, AI tools) and real-world utility (AEON) to evolve beyond its "tap-to-earn" roots. While the project faces technical execution risks and lingering reputational concerns from co-founder Vladimir Smerkis’ 2025 fraud case, its 90M+ user base and Telegram integration provide a unique growth runway. Will Blum’s hybrid exchange model outpace competitors as crypto activity shifts deeper into messaging apps?