Opinion · Nov 8, 2026 00:00 UTC

DeFi angle: perpetual futures keeps surprising consensus on carry strategies

Markets rarely move for a single reason.

Even when feeds obsess over “Aave Labs Acquires Avon Team to Develop Fixed,” the durable question remains process versus prediction.

Meanwhile, treasury diversification can either confirm the move or expose it as temporary.

Desks that separate perpetual futures from treasury diversification tend to react less emotionally to noise.

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