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A comment on Perpetual Futures. Parent comment

Re:Perpetual Futures by kikimora on Saturday December 06, 2025 @04:23AM (#46171890)
It was the case up until recently. But today Hyperliquid does it on chain and very popular.
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Re:Perpetual Futures by monokh on Saturday December 06, 2025 @04:47AM (#46172005)
Hyperliquid being on chain in the traditional sense is fiction. You have a closed source piece of software run by closely controlled "validators" with additionally centralised components.
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Re:Perpetual Futures by kikimora on Monday December 08, 2025 @08:12AM (#46191799)
Settlement is on chain which removes clearing house, exchange and brokerages from the picture.
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