Derivatives Liquidity
Institutionalization of Privacy-Layer Assets: What Binance’s 5x Aztec Perpetuals Mean for Liquidity and Risk
Binance’s launch of 5x perpetuals on Aztec marks a turning point for privacy-layer assets, accelerating derivatives liquidity but also exposing sharp market-structure risks seen in coins like Monero. Traders and risk teams must weigh funding dynamics, mark-price sensitivity, order-book depth and surveillance tensions when sizing positions.
Published at 2026-02-11 16:12:24