Interpreted Prediction
A regulated framework for perpetual futures in the US could entice leverage traders to move from decentralized exchanges (DEXs) to centralized exchanges (CEXs).
AI Evaluation Notes
Since August 2025, the CFTC has been working on regulatory frameworks for crypto. While a fully legal and regulated framework is still developing, initial steps have been taken, and there's been a noted but not wholesale shift of leverage traders from DEXs to CEXs.