Perpetuals

Orbs and Gryps’ Perpetual Hub Ultra on Sei demonstrates why Layer‑3 architectures are becoming the logical home for institutional perpetual futures — lowering latency, refining margining, and concentrating liquidity without sacrificing the composability of L1/L2 ecosystems.

Binance Wallet's integration with Aster ushers in wallet-native leveraged and perpetual trading, moving self-custody derivatives from concept to live UX. This feature explores how the integration works technically, the custody and UX trade-offs versus centralized platforms, and what traders and product teams must know about risks, liquidity and regulation.

An investigative post-mortem of the coordinated attack on Hyperliquid that paid ~$3M to force a multi-million-dollar perpetuals loss and the related POPCAT crash. We reconstruct plausible on-chain signals, explain perp-DEX mechanics that amplify contagion, and give practical mitigations for traders and protocol designers.