[HN Gopher] Perpetual Futures
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       Perpetual Futures
        
       Author : sirodoht
       Score  : 17 points
       Date   : 2025-12-05 21:23 UTC (1 hours ago)
        
 (HTM) web link (www.bitsaboutmoney.com)
 (TXT) w3m dump (www.bitsaboutmoney.com)
        
       | Animats wrote:
       | It's striking how much the crypto world depends on trust in other
       | parties. The whole point of crypto was supposed to be that it was
       | "trustless". But it's not set up that way. All these crypto
       | derivatives are not set up as contracts on a blockchain, with
       | assets locked up until the derivatives settle. They're book
       | entries with some weakly regulated exchange in Outer Nowhere.
        
         | mhh__ wrote:
         | That's not true with decentralised exchanges like hyperliquid,
         | no?
        
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       (page generated 2025-12-05 23:00 UTC)