As perpetual futures contracts gain traction in regulated markets, concerns about systemic risks are surfacing among critics. Chris Tyrer, President of Bullish Exchange, argues that the real challenges lie not with the contracts themselves but with the design of trading platforms. Key factors such as leverage limits, margin requirements, and default management protocols play a crucial role in shaping the risk landscape. This perspective emphasizes the importance of regulatory frameworks over the inherent nature of perpetual futures contracts.