Ethereum's Evolving Role in the Crypto Perpetual Futures Market
For years, Ethereum was synonymous with decentralized finance, pioneering on-chain financial tools. However, the rise of perpetual futures, or "perps," has largely occurred on other platforms. This is because perps require fast, low-cost, and high-frequency trading, which Ethereum's base layer was not designed to optimize. As a result, layer-2 networks like Arbitrum have become the go-to destinat…