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 rapidly growing sector of perpetual futures, or 'perps', has largely developed outside of Ethereum. This is because perps require extremely fast, low-cost, and high-frequency trading, which Ethereum's base layer was not designed to o…