Last cycle, major CEXs were hustling to attract Perps users.
In this cycle, on-chain Perps are starting to explode, with Solana and OpenSea also announcing the launch of Perps trading.
But at the same time, CEXs are going all in on real stock trading.
It's like a cycle.
On-chain is trying hard to resemble an exchange.
Exchanges are scrambling to pad their offerings with stocks, bonds, and commodities, striving to become more like banks or brokerages.
So, has Crypto failed, or has it opened the door to a new world?
In this cycle, on-chain Perps are starting to explode, with Solana and OpenSea also announcing the launch of Perps trading.
But at the same time, CEXs are going all in on real stock trading.
It's like a cycle.
On-chain is trying hard to resemble an exchange.
Exchanges are scrambling to pad their offerings with stocks, bonds, and commodities, striving to become more like banks or brokerages.
So, has Crypto failed, or has it opened the door to a new world?