The Hottest Thing in Crypto Is Shaking Up Singapore

A crypto bro seeking to reinvent finance from first principles? That is nothing new. Many in the blockchain world want to loosen Wall Street’s stranglehold on wealth creation. But when Hyperliquid Labs Chief Executive Jeff Yan spoke on that topic in Singapore last week, there was a catch. That morning, the Financial Times had run an article on how the Asian city-state was trying to distance itself from the new-age bourse and its most revolutionary offering: perpetual futures, or perps, which the