perps as an instrument are trying to leap from act 1 to act 2 per Ellenbogen framework:
act 1 was futures on crypto tokens
act 2 is futures on every asset and/or new synthetic assets
the team(s) that do this at scale (if any) will probably go up 10x
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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