RWA Perps Capture 97% of Post-FOMC Opening Gaps
Crypto's 24/7 perpetual rails are absorbing equity trading demand while U.S. markets are shut, with more than $8B combined volume across two recent event windows.
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Crypto's 24/7 perpetual rails are absorbing equity trading demand while U.S. markets are shut, with more than $8B combined volume across two recent event windows.
The 322-year-old exchange is rewriting the rules of a market that closes at 4:30 p.m. London time, betting that round-the-clock access is now table stakes for capital.
The same advisory that blessed round-the-clock perpetual futures for native crypto firms told traditional derivatives venues the off-hours model carries thinner liquidity and a wider manipulation…