Makes completely sense!!!
> ATLAS lets trading apps keep their customers without building an exchange
> It handles matching, clearing, settlement and risk underneath their own interface
> The venue that brought the user gets a rebate of 20–65%
> A bigger rebate requires staking more ethereum:0x6985884c4392d348587b19cb9eaaf157f13271cd
> Of what's left, 25% goes to whoever created the market
> The other 75% is used to buy ethereum:0x6985884c4392d348587b19cb9eaaf157f13271cd on the open market and burn it
Could be a really good cook
Wonder what other potential perps/rwa DEXs might get pulled into tradfi after Hyperliquid? Who has strong ties/investement from ICE (as well as citadel)
HMMM