Ethereum's Evolving Role in the Crypto Perpetual Futures Market
For years, Ethereum has been at the forefront of decentralized finance, pioneering on-chain financial tools like lending protocols and tokenized assets. However, the rapid growth of perpetual futures, or 'perps,' has largely occurred on other platforms. This is because perps require extremely fast, low-cost, and high-frequency trading, which Ethereum's base layer was not designed to optimize. As …