BUSINESSR/DEFI
Is there demand for 24/7 equity perps beyond US stocks?
TradeXYZ has achieved $100B+ volume and $87M annualized fees in 5 months with its US equities perpetuals model, but non-US markets like Japan ($6T), India ($4.8T), and China ($10T+) lack on-chain coverage. The article questions if there is genuine demand for global equity perpetuals beyond US stocks, similar to early crypto DEX expansion patterns.
Mentioned