š„ Why @RuijiraNetwork Perps Could 40x @ThorChainās Trading Volume:
Tonight we had the pleasure to chat with @patriotsounds and @kentonc137 about $RUJI Perps - and it's potential to produce 40x more volume than TC spot markets with huge benefits for TC.
Hereās why š§µ š

Perpetual futures let traders bet on asset prices with leverage, no expiration. In TradFi, derivatives generate 40:1 volume. ThorChainās spot volume is around $10 million monthly, so Ruijira Perps could reach $400 million a month - with $1 billion daily not out of the question.
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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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