Perps are a great tool to trade imminent IPOs, but a terrible tool to trade private names far-from-IPO date.
The root problem is structural to private markets - it can't be solved by an oracle price or more speculative liquidity.
Because unlike public/liquid underlyings, in
We are releasing the first liquid way to trade Anthropic.
For far too long, frontier assets have only been accessible to a select few. We are here to bring them to the masses.
Introducing EntropyIO. We’ve raised $14M led by Ribbit Capital and a $40M HYPE stake to build both
Founders want control over their secondary market.
LPs want proof they're not being scammed.
GPs want to offer secondaries without burning the company.
Programmable equity gives all three at once.
In this video: what programmable SPVs are, how they work, and what they fix.
If you're a founder trying to post on X and your shit sucks here's the 80/20 of how to get decent:
1. Write a scroll-stopping hook. There are many types of hooks but the easiest for beginners is a falsifiable claim.
"Vegan diets cause ebola."
I'm stopping to read that. I gotta
