No Summary provided as the original text is short
- Perpetual Futures (Perps): A type of derivative contract that has no expiry date, allowing traders to hold positions indefinitely while tracking an underlying asset's price.
- Prime Brokerage: A bundled set of services offered to large institutional clients, including trade execution, lending, and custody, adapted here for blockchain environments.
- On-Chain: Operations or transactions recorded directly on a blockchain ledger, enabling transparent and tamper-proof data tracking.