RT GM ＞|＜ (@0xsudogm)what’s also underappreciated are the second order effects of equity perps growing as a category- for protocols like Ethena, the AUM ceiling expands 30X as the OI TAM grows way beyond crypto- if price discovery starts happening with perps on weekends, this means more attention and hence capital will *have to* stay onchain to capture moves, a virtuous cycleonchain capital markets/decentralized nasdaq/asset layer/AWS for liquidity in its truest form ...