Presented by
Crypto
Perpetual Futures: Misplaced Concerns Over Systemic Risk
As perpetual futures enter regulated markets, critics argue they pose systemic risks. Chris Tyrer asserts the focus should be on venue design, not the contracts themselves.
Mercation Admin
July 29, 2026 1 min read
Perps Week 2026Critics are raising alarms about systemic risks associated with perpetual futures as they enter regulated trading environments. However, Chris Tyrer, President of Bullish Exchange, contends that the real issues stem from the design of trading venues — including leverage limits, margin requirements, index formulation, and how defaults are managed — rather than the contracts themselves. This perspective shifts the focus from the perpetual futures contracts to the frameworks governing their trading. By Chris Tyrer, Tram Doman|Edited by Cheyenne Ligon Jul 29, 2026, 9:00 am EDT