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Don't remind me again today

Arthur, the CEO of DeFiance Capital, recently put forward a rather heartbreaking viewpoint - the gameplay of encryption Perptual Futures is still a big trap in terms of product design and market structure. He believes that without reforming this mechanism, it will be difficult for the entire market to truly enter a healthy rise.



He cited two classic examples: the sharp drop in Bitcoin in March 2020, and the collective plunge of altcoins on October 10 this year, which are actually caused by the same structural issue. The design of the Perptual Futures ( quanto ) products that were priced in BTC back then was inherently flawed, and once the market experiences extreme conditions, this mechanism amplifies volatility and accelerates the sell-off.

To put it simply, the current rules of the Perptual Futures game need to be reformed. Otherwise, similar crashes will continue to occur periodically, and both retail investors and institutions will have to keep getting hurt in this structural flaw.
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MysteryBoxOpenervip
· 11-18 02:10
I have seen through the trap of Perptual Futures long ago. Every time there is a big dump, it's the same routine. Unless the mechanism changes, it will always be a suckers harvesting machine.
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WalletAnxietyPatientvip
· 11-18 02:09
Perptual Futures is just a ticking time bomb, it should have been dismantled long ago. Forget it, it can't be changed anyway, we just have to take the hits. This mechanism is designed too disappointingly, every big dump is just the same script replayed. Arthur is right, it's just that no one really wants to change it. Tsk, here comes the liquidation again. Contract leverage is inherently a thing that eats people without spitting out bones. Talking about reform, isn't it just the stakeholders protecting their own interests while we retail investors continue to take the blows? Who actually makes money from this broken system?
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bridge_anxietyvip
· 11-18 01:53
Arthur is right, that quanto trap should have been cut a long time ago; every extreme market situation is just a slaughterhouse.
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