Perpetual futures, or perps, are the most traded instrument in crypto. They let you bet on price with leverage and never expire, held in line with the spot market by a clever fee called the funding rate. They are powerful,β¦
Every time you trade on-chain, an invisible competition decides the order of transactions in the next block, and whoever controls that order can extract value from yours. That is MEV. It funds a hidden industry, quietly taxes ordinary users, andβ¦
The offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above or below a target price.
The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency βfuturesβ as βswaps,β posing risks to derivatives markets.