Blog
Notes from the team
Thinking on market structure, the products we're building, and the best of what we post on X and LinkedIn.
Market StructureJun 22, 2026
The Race to List Compute Futures ETFs
Six issuers have filed to launch ETFs tracking GPU compute futures — before the underlying contracts even trade. How these funds work, the five ways to build a compute basket, and who they're for.
·via X
Market StructureApr 22, 2026
Why Perps Won — and Why They Belong Onshore
Perpetual futures became the default way the world trades crypto. Here's the product design that got them there, and why the next chapter is regulated.
Jessica·via LinkedIn