Perp DEX's open interest surged from around $1 to over $15 billion in just 12 months. The space has been incredibly hot since HYPE TGE: • The U.S. Commodity Futures Trading Commission (CFTC) approved the listing of the U.S. Perp trading platform. • Coinbase launched the U.S. Perp trading platform, covering cryptocurrencies and stocks. • Aster launched. • Ondo launched the Perp trading platform. • Trade dot xyz launched the S&P 500 index trading platform. • Katana acquired IDEX and launched the Perp trading platform. I have previously written about how the erratic nature of Trump's policies (and his 24/7 market-influencing rhetoric) paved the way for the Perp trading platform and 24/7 trading markets. Subscribe 👇