Race for ‘Perps’ Comes to the U.S., as Prediction Markets Eye Crypto’s Most Lucrative — and Volatile — Frontier
A quiet but consequential shift is underway in U.S. financial markets. Perpetual futures, long a staple of offshore crypto exchanges, are edging toward mainstream adoption domestically, drawing interest from prediction market platforms and raising fresh questions about risk, regulation, and market structure. Known as “perps,” these derivatives have no expiration date and allow traders to […]
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