For a brief period in human history, boomers & pension funds traded spot assets


But as those assets come onchain (because tokenized spot is just an inferior perp with only 1x leverage)
They will be most desirable as perps:
- No issuer risk
- Better liquidity
- More customizable leverage
So if you believe onchain is the settlement layer of the future (instant, global, cheap, peer-to-peer)
You should be bullish perps
PERP-0.96%
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