Liquid, a decentralized perpetual contract aggregation platform, announced the completion of a $7.60 million seed round led by Paradigm, with participation from General Catalyst and several angel investors, including Ashwin Ramachandran, head of Brevan Howard Digital, Eric Wu, co-founder of Opendoor, and Vlad Novakovski, founder of Lighter.
According to CoinDesk, BitMEX CEO Stephan Lutz said in an interview that the current PerpDEX craze led by platforms such as Aster and Hyperliquid may not continue into next year, arguing that the highly incentive-driven business models of these platforms are too fragile to last. Lutz compares the current DEX incentive model to an "inherent pump-and-dump scheme," in which the platform uses a platform to drive shipments.
MetaMask announced that it will launch in-wallet perpetual contract trading capabilities through Hyperliquid.
Coinbase Institutional said in a post that since the launch of the US perpetual contract, the transaction volume has reached a record high, the cumulative transaction volume has exceeded 7 billion US dollars, and the transaction contract has exceeded 13 million, providing 24/7 trading services in four markets (Bitcoin, Ethereum, XRP, Solana), and is constantly expanding the product line.
Coinbase Derivatives announced that it will launch US Perpetual-Style Futures on July 21, one of the first of its kind in the United States. The product will comply with CFTC regulations and provide a leveraged trading experience that tracks spot prices closely. The first contracts to be launched include nano bitcoin perpetual futures (0.01 BTC) and nano ethereum perpetual futures (0.10 ETH). These products use a funding rate mechanism to align futures prices with the cash market and offer 24/7 ...

The decentralized exchange is trying to offer traders a transparent venue for making amplified bets.
Hyperliquid Labs issued a statement saying that Hyperliquid Labs submitted two comment letters to the U.S. Commodity Futures Trading Commission (CFTC) in response to its recent public request for comment on perpetual contracts and 24/7 trading. Appreciate the CFTC's active engagement on these issues, as such understanding is critical to the evolution of global markets. Supporting the development of DeFi in the United States through open dialogue and a clear regulatory framework is a key opportun...
According to official news, Coinbase International has announced that Cardano (ADA) and Coinbase Wrapped Staked ETH (cbETH) can now be used as collateral for perpetual futures trading on the Coinbase International Exchange and Coinbase Advanced.
According to official news, Coinbase International has announced that Ripple (XRP) can now be used as collateral for perpetual futures trading on the Coinbase International Exchange.