Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors
Key takeaways
- Jason Atkins, chief commercial officer at liquidity provider Auros, moderated the discussion.
- The discussion focused on perpetual-focused decentralized exchanges and what it would take for them to attract institutional capital and scale up.
- “How do you convince the big institutional players to go on the perp devs?
However, they have largely stayed away from decentralized exchanges (DEXes) offering perpetual (perp) futures tied to crypto and tradfi assets, panelists said at Consensus Miami, citing security risks and a mismatch between DeFi’s permissionless design and institutional identity and compliance requirements.
The session titled "Perp DEX Explosion: Bullish Volumes & Bear Market Resilience" featured Wizard of SoHo, a veteran trader and family office manager; Michaël van de Poppe, founder and CIO of MN Fund & MN Capital; and Michael Anderson of Canary Labs. Jason Atkins, chief commercial officer at liquidity provider Auros, moderated the discussion.
The discussion focused on perpetual-focused decentralized exchanges and what it would take for them to attract institutional capital and scale up.