Everything is becoming a perp

CoinDesk·

Everything is becoming a perp

60-second summary

Perpetual contracts are rapidly evolving beyond their crypto origins, according to Katana Network's Matthew Fisher, as they become the standard for trading various assets. This shift is driven by their 24/7 availability and leveraged trading capabilities. As a result, perpetual contracts are increasingly being used to trade non-crypto assets, expanding their reach and influence in the global markets.

The perpetual — the 24/7, leveraged contract that crypto invented and then perfected — is no longer just a way to trade crypto, says Katana Network’s Matthew Fisher. It’s becoming the way to trade everything.