DeFi angle: perpetual futures is supporting hedging demand

Meanwhile, order-book depth can either confirm the move or expose it as temporary.
Revisit assumptions weekly; markets change faster than slogans.
Against the backdrop of “CFTC Chair Says Equity Perps Can Begin US Trading” and “Stellar's Bell Upgrade Goes Live on Testnet Ahead of Mainnet Vote”, positioning still matters more than slogans.
Revisit assumptions weekly; markets change faster than slogans.
Improvements in liquid staking without confirmation from basis trades tend to fade faster.
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