On-chain Perpetuals: How Decentralized Derivatives Are Rewiring Crypto Trading
Whoa! The moment I first dug into on-chain perpetuals, somethin’ felt off about the way people described them. Really? Perps that settle without a central counterparty? Yes. But the truth is messier. Traders who came up through centralized venues expect tight fills, predictable funding, and customer service when the chain hiccups. On-chain markets give you…