Ethereum's Role Evolves as Crypto Perpetual Futures Gain Popularity
For a long time, Ethereum was the go-to platform for decentralized finance, pioneering on-chain financial tools such as lending protocols and tokenized assets. However, the rapidly growing sector of perpetual futures, also known as 'perps', has primarily thrived on other platforms. Traders often associate on-chain perpetuals with Hyperliquid or Solana rather than Ethereum, mainly due to the latte…