CryptoCoinDeskabout 3 hours ago
Everyone has the perps convergence backwards
1 min read
Perpetual futures volumes for real-world assets hit a record $211 billion in May 2026, up from about $12 billion in Q4 2025. Equity perps alone climbed 121% month over month to $54 billion. SpaceX shares traded as synthetic pre-IPO perpetuals on Hyperliquid before its June 2026 listing.
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