For this reason, the most obvious use case for public blockchains is finance & payments.



Given that public blockchains are most useful for financial applications, it has been reasonable to conclude that the blockchain that “onboards TradFi” first will win.

A perpetual future is a derivative with no expiry date. Instead of settling on a fixed maturity date (TradFi), it uses a funding rate (longs pay shorts, shorts pay longs) to keep the perp price in line with the spot price of the underlying asset.
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