Ethereum's Role Evolves as Crypto Perpetual Futures Gain Popularity
The rise of crypto perpetual futures has led to a shift in Ethereum's role, with its layer-2 networks and DeFi ecosystem supporting the growth of this sector, rather than competing directly with faster chains. For years, Ethereum was synonymous with decentralized finance, pioneering on-chain financial tools like lending protocols and tokenized assets. However, perpetual futures, or 'perps', have …