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 such as lending protocols and tokenized assets. However, the rapid growth of perpetual futures, also known as 'perps', has led to a shift in Ethereum's role. Perps require extremely fast, low-cost, and high-frequency trading, which is not optimized for on Ethereum's base layer. As a result,…