PENDLE enters the Bloomberg Index, Arthur Hayes: daily trading of stock Perptual Futures exceeding 100 million is just the beginning.

robot
Abstract generation in progress

[Block Rhythm] On December 1st, a message came that PENDLE has officially entered the Bloomberg Galaxy DEFI Index. This matter itself is quite interesting, indicating that the TradFi circle is starting to seriously consider the Decentralized Finance sector.

What’s more worth discussing is the viewpoint Arthur Hayes recently threw out in “Adapt or Die”. He said that TradFi is now desperately trying to hold onto the stock trading territory, but U.S. stocks and even global stocks will eventually be tokenized. Interestingly, perpetual contracts for stocks can already run without waiting for tokenization—currently, the daily trading volume has already surpassed 100 million USD.

Hayes believes that once traders and market makers are familiar with this way of playing, reaching a daily trading volume of tens of billions is just a matter of time. Want to hedge risks over the weekend? Stock perpetual contracts can be very useful. With this pressure increasing, those large securities exchanges in the United States will probably be forced to transform into 24/7 trading.

He also mentioned a startup direction - to create a derivative that allows retail investors to engage in interest rate speculation. The Boros protocol from the Pendle team is working on this, and its popularity has risen quite rapidly. It seems there is a new story to tell in the interest rate space.

PENDLE-9.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
DegenWhisperervip
· 12-04 05:17
Perpetual contracts are really getting more and more outrageous. Wall Street must be getting nervous. Stock tokenization is only a matter of time, but the trading volume is already this high... it's getting hard to keep up. PENDLE being added to a Bloomberg index is really a signal—traditional finance is starting to take this seriously. Hayes was right. Once traders figure this out, tens of billions in daily volume could happen in no time. Trading stock perpetuals on weekends? This is what the future feels like. Life isn’t easy for traditional exchanges these days, haha. Daily trading volumes breaking $100 million... this is just the beginning.
View OriginalReply0
OnchainDetectivevip
· 12-03 06:52
If Bloomberg acknowledges it, that means it’s really happening. The daily average for perpetual contracts has already surpassed 100 million, yet some people still say it’s just hype...
View OriginalReply0
AltcoinTherapistvip
· 12-01 13:58
Stocks perpetual futures are really about to da moon, traditional finance is being forced to the stage now haha --- I believe Arthur Hayes' statements, 7×24 is the true market freedom --- The Bloomberg index on PENDLE is outrageous, DeFi is no longer a niche play --- Wait a minute, daily trading volume of perpetual futures breaking 100 million just like that? It feels like it's just getting started... --- Are traditional exchanges worried? Anyway, I'm just enjoying the show --- Tokenization of stocks is indeed a trend, it seems far away now but it's really not far --- Hedging with perpetual futures on the weekend? This idea is a bit extreme --- Hayes is right, as long as traders enter a position, tens of billions of daily trading volume can be unstoppable --- Even the Bloomberg index has to bow to DeFi, wake up everyone --- Stocks perpetual futures don't even need to wait for tokenization to take off? That's the key!
View OriginalReply0
RektDetectivevip
· 12-01 13:58
Haha, Hayes' logic really makes sense; traditional exchanges will eventually have to bow down. The fact that the daily trading volume of perpetual stocks has exceeded 100 million is just the beginning, and with this kind of pressure, Wall Street is going to go crazy. What does PENDLE entering the Bloomberg index indicate... Traditional finance is starting to take it seriously, isn't it? 24/7 trading to hedge weekend risks, who can withstand this... sooner or later, it will be all on-chain.
View OriginalReply0
ShamedApeSellervip
· 12-01 13:55
TradFi is really panicking, haha This thing called perpetual stocks should have appeared long ago, isn't it great to hedge anytime 24/7? The Bloomberg index on PENDLE is just the beginning, there are a lot more to come.
View OriginalReply0
AirdropAutomatonvip
· 12-01 13:50
Damn, Arthur Hayes hit the nail on the head this time. Traditional exchanges will kneel sooner or later. PENDLE entering the Bloomberg index is a signal, but stock perpetuals are really fierce, starting only after breaking a billion in trading volume. Waiting to see the story unfold... --- Hayes is right, those exchanges still holding on are probably getting nervous now. --- Hedging over the weekend? Those who have been using stock perpetuals have already made money; TradFi is still dreaming. --- Daily trading volume in the tens of billions? That's conservative; I think the speed is actually faster. --- As for tokenization...actually, perpetual contracts are already a form of disguised tokenization; why wait?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)