Incase you're too slow to realize, this is a true 0 to 1 moment for Global Finance.
There is no other venue in the world where you can trade equities onchain, on a CLOB, permissionlessly, 24/7. This is the only relevant equity market in the world open through the weekend.
There are hundreds of millions of households around the world that would like access to equities but cannot, and this will be the only way they can get exposure.
Given that this is included in the native front end, we should see a massive rerating of both buy backs and fees over the rest of the year.
I've rebought back all my exposure. I suggest you do the same.
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer.
What is ADL? How does it work? And why does it exist?