On-chain Perpetuals: How Traders Win (and Lose) When Everything’s Visible
Okay, so check this out—on-chain perpetual trading feels like surfacing from a foggy bay into bright sunlight. Wow! The transparency alone rewrites playbooks that traders used for years on centralized venues. My instinct said markets would get more honest, but actually, wait—there’s a messier truth beneath that clarity. Some things got better; some new attack…