There are already prime brokerage and API routing experiments on top of or around Polymarket, and Kalshi. Some integrate play money markets like Manifold, and simpler platforms such as Limitless.
Over time, perps will be re-tooled by other, not-so-heard-of-by-CT markets (sportsbooks, superforecasting sites, private pundits etc.) because the traditional (eg conventional yet experimentalist) account owner will want to have the ease of accountable composability.
I expect a combination of rails Ethena (against mispricing of risk via derivatives), Polymarket, Long Bets etc offer via a Hyperliquid/ hypercore approach to liquidity.
Compute, energy, and AI enterprises will play a big role in this, too.
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