Crypto derivatives have converged with Wall Street. Equity perps could soon prove it.

Crypto and traditional finance are converging fast, with perpetual futures emerging as the strongest bridge between the two. What to know : Crypto and traditional derivatives markets are rapidly converging, with perpetual futures at the center of that shift, panelists at Consensus Miami said. Once a niche crypto instrument, perps are now expanding toward equities, commodities, and beyond. Industry leaders say the regulatory policies and infrastructure enabling this crossover is already in place and actively in use. The next phase is about scale, as volumes and adoption catch up to the rails already built.