Jupiter Perps explained + Ripple Is Lobbying the SEC to Rewrite "Decentralization" | Ep 592
Good now revolutionaries — Evan and Alex take the show solo on Wednesday morning with Matthew joining mid-episode to help demystify perpetuals ahead of next Monday's trading contest. The lesson of the day: how to read a Pacifica order book, when maker vs. taker fees actually matter, and why a Jupiter JLP pool is basically a mini crypto ETF underwriting someone else's leverage.
The regulatory block: Evan walks through Ripple's 20-page comment letter asking the SEC to carve out a bespoke definition of "decentralization" for XRP. If a chain's validators are chosen by the parent company, is it…
The skinny
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