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 thrived on other platforms. Traders often associate on-chain perpetuals with Hyperliquid or Solana, rather than Ethereum, due to the latter's base layer not being o…