Onchain Perps Have Come A Long Way And Most Traders Missed It 📊 $HYPE proved on-chain execution could work. $DRV is trying to do the same as well, showing derivatives have a big place in the space. That was the foundation. What's being built on top of it is a different conversation. Aevo is running perps, options, and tokenized real-world assets from one account and one collateral pool, with tech like PERPS+ removing the interface barrier that kept perp traders out of options for three years. Most perp DEXs are still competing on fees. Aevo is competing on what a derivatives account can actually do and the barriers stopping traders. The space moved further than the narrative gives it credit for. The traders paying attention are already positioned differently because of it. #Macro Insights#