"Adapt or Die" is a discussion of all things perps. History, PMF, and why they will take over all TradFi markets.https://t.co/y2O5hIgSxT https://t.co/b1v0nhZ3l0 ...

RT CounterParty TV (@counterpartytv)Arthur Hayes says he wants perps exchanges to send the CME to zero“I want to see somebody take all these fucking TradFi exchanges and give them a choice, you either adopt perps or you die. Fuck those guys" https://t.co/e8YOR17txB ...

ethereal dex paying market makers 27% apy on margin collateral through usde yield pass-through. every other perps dex charges you funding. ethereal pays you to sit on the book. $14b usde tvl about to discover why market makers love free money. hyperliquid's $8b daily volume built on zero yield. do the math ...