Morning Edition · Thursday, July 30, 2026Published at 1:29 AM EDT · New York
Perpetual Futures Boom Recasts Ethereum as the Settlement Layer for Layer-2 Trading Venues
As on-chain derivatives volume migrates to fast layer-2s, builders argue Ethereum's role is to secure them, while Binance.US seeks a US license to run regulated perpetuals.
The growth of on-chain perpetual futures is changing where trading happens and what each layer does. Rather than competing directly with faster chains on execution speed, some builders argue that Ethereum's strength is supporting the layer-…
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Regulated Perps Move Onshore in the US
High-volume crypto derivatives keep migrating from offshore venues into regulated US markets, with crypto-native firms moving first and banks entering only once liquidity deepens.
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