Financial applications like perpetual contracts are better suited for general-purpose blockchains (e.g., Ethereum) rather than independent application-specific chains (appchains). Key reasons include:Finance Thrives on Integration: History shows that finance tends toward centralization. Shared infrastructure enhances liquidity and scale effects, as evidenced by Ethereum’s dominant lead in total value locked (TVL).Distribution is Paramount: The core advantage of general-purpose chains lies in ...

Financial applications like perpetual contracts are better suited for general-purpose blockchains (e.g., Ethereum) rather than independent application-specific chains (appchains). Key reasons include:Finance Thrives on Integration: History shows that finance tends toward centralization. Shared infrastructure enhances liquidity and scale effects, as evidenced by Ethereum’s dominant lead in total value locked (TVL).Distribution is Paramount: The core advantage of general-purpose chains lies in ...