Crypto currently moving in a direction to replace some of the existing asset systems in real life and trying to turn that into the new type of the asset system. They have the real estate asset system. Now they are also doing this into the stock market too. Like they are planning on building the futures and options and also turning that into the Decentralized finance too. Hyperliquid is one such system or say protocol that has trading in the perpetual futures contracts. It has now launched into the mainnet.
Hyperliquid is kind of that system which would be a good protocol to check out the as they are launching the on chain spot trading. And they also have the HIP-1 SPOT token on the chain as well. There is also the user deployment on the future contracts. This being the layer 1 chain they would be deployed on their DEX on the chain.
They are the tendermint consensus chain and that would be available on the chain for the results for you to look on as well. There is also permissionless liquidity that you would be seeing in upcoming times as well. So as of now the initial mainnet testing is going on. As long as this works out and it can bring a new option into the trading so worth exploring there.
You can check out the Hyperliquid.