DeFi angle: perpetual futures keeps surprising c — uS session flows is fragmenting treasury

The gap between validator economics and market makers is where false confidence usually builds.

That debate sits next to today’s market focus around “Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending.”

None of this is financial advice; it is a framing for cleaner decisions.

Desks that separate perpetual futures from treasury diversification tend to react less emotionally to noise.

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