The post Hayes Predicts Equity Perps Will Overtake Stock Exchanges appeared on BitcoinEthereumNews.com.

Arthur Hayes forecasts that crypto-style Equity Perps will displace traditional stock exchanges. Price discovery will shift to 24/7 crypto platforms. BitMEX co-founder Arthur Hayes has predicted that crypto-style perpetual futures will displace traditional stock exchanges. He said equity price discovery will be moved to 24/7 perpetual markets. This is what will happen on crypto platforms. These are according to the recent public statements. Arthur Hayes Forecasts Equity Perpetual Dominance Arthur Hayes, who is the co-founder of BitMEX, gave a strong outlook. Crypto-style perpetual futures will eventually replace traditional stock exchange instruments. He argued that perpetual swaps provide greater liquidity and trading. They also offer high leverage. This makes them more structurally superior to dated futures. These come into play with traditional finance.  According to Hayes, these benefits will lead to equity price discovery. This will separate it from conventional exchanges. It will move towards 24*7 crypto platforms in the next few years. Related Reading: Bitcoin Bottom Is Near, Says Arthur Hayes: BTC Price Forecast | Live Bitcoin News Hayes explained that perpetual swaps can be used to consolidate liquidity. This is into a one non-expiring contract. It reflects the spot market prices. It also allows high leverage. He emphasized that socialized systems of loss and insurance funds protect traders. They restrict legal liability for initial margin deposits. Because of these features, he believes that perpetuals will have appeal to both retail and institutional traders. They want flexible and continuous market access. As proof, Hayes cited Hyperliquid’s HIP-3. This is a permissionless protocol. It facilitates the launch of the equity perpetuals on-chain. One such product is a Nasdaq 100 perpetual. It is listed by a firm that is identified as XYZ. It has already started recording notable daily trading volume. Hayes said this early traction is a demonstration of the scalability…

---

Filed under: News - @ November 28, 2025 11:26 pm