Perps Now Set Crypto Prices: SpaceX Reveals True Market Influence
Roughly 93% of crypto futures volume runs through perps, and Binance's order book leads spot on most moves.
Every Zipp story tagged #PriceDiscovery, newest first.
Roughly 93% of crypto futures volume runs through perps, and Binance's order book leads spot on most moves.
Perps now account for ~80% of global crypto volume and are bleeding into oil, gold and pre-IPO equities — the regulatory fight over Hyperliquid's commodity contracts will decide whether this stays a…
The CFTC's nod could repatriate the funding-rate engine and the volatility profile that comes with it, but margin rules will decide whether the liquidity actually follows.
The launch puts Stork in direct competition with Chainlink's equity and commodity streams, betting that perp-venue liquidity can replace weekday market hours as the reference price.