On-Chain Perpetuals: How to Trade Futures on DeFi Without Getting Burned
Okay, so check this out—perpetuals on-chain feel like the future. Whoa! They’re capital efficient, transparent, and composable. At the same time, they bring new failure modes that are subtle and sneaky. My instinct said “cool,” but then market microstructure realities kicked in and made things messier. Traders who treat an on-chain perp like a centralized […]
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