What do I think about Equity Perps?
Primarily, capital rotation and wealth transfer happens because of the introduction new asset class and this, we watched happen from traditional finance down to internet capital markets (blockchain rails).
While crypto industry itself is driven by narratives, most narratives have better longevity than others.
Equity perps poses as a new asset class and financial vehicle for capital rotation and wealth transfer and will have better longevity compared to other narratives such as prediction markets and memecoins.
Read here to find out why: