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. Traders often point to Hyperliquid or Solana as the primary venues for on-chain perpetuals, rather than Ethereum, due to their ability to facilit…