Ethereum's Role Evolves as Crypto Perpetual Futures Gain Popularity
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 rapidly growing sector of perpetual futures, or 'perps', has largely flourished on other platforms. Traders often associate on-chain perpetuals with Hyperliquid or Solana, rather than Ethereum, due to the latter's base layer not b…