What if a perp DEX stopped acting like a crypto only casino? That's the part of @grvt_io's 2.0 announcement I keep rereading. Not the burn. The roadmap. Stable Funding Perps land in November: • Stocks, FX, commodities, and indices • Zero trading fees • Funding settled once a day, not every few hours • The 1.1M GRVT burn already happened • A target of 1,000+ markets by end of December Why I care: Most of my pain on perps isn't getting the direction wrong. It's funding slowly bleeding a position I actually wanted to hold. Once daily funding on gold or an index is a different product. It's much closer to how TradFi traders think. And it ties back to the buyback story. Buybacks are intended monthly and discretionary, so the real test is whether these markets bring real activity. My skeptical note: 1,000+ markets is a target, not a launch list. Listing a market is easy. Deep liquidity on a quiet FX pair is hard. I'll judge it in December, not on announcement day.