Prediction markets and perps have been converging on two fronts: in the assets they cover (both real-world assets and crypto-native ones — @Polymarket and @OstiumLabs were both used heavily to hedge oil price exposure during the Iran crisis), and in structure (Polymarket's fast markets have grown shorter and shorter — from hourly, to 15m, to 5min, and now instant — while perps venues like @HyperliquidX are moving the other way, adding event contracts via HIP-4). We've documented these trends in recent articles on the Dune blog, for readers interested in the on-chain data behind this shift.(Dune | We Are Hiring!)