perpetual futures keeps surprising consensus on retail participation

Meanwhile, treasury diversification can either confirm the move or expose it as temporary.

Put beside current chatter on “Solana Labs’ Leap Opens iPhone Beta for Tokenized Stocks and Crypto,” the incentive problem looks clearer.

A simple checklist—US session flows, macro liquidity, and inventory—beats improvising under stress.

Meanwhile, basis trades can either confirm the move or expose it as temporary.

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