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The integration of traditional finance derivatives represents a critical inflection point for decentralized perpetuals platforms. With Hyperliquid positioning itself as a direct competitor to centralized derivative exchanges, the platform's ability to capture institutional TradFi flow could fundamentally reshape the landscape. The liquidity, settlement speed, and risk management features now competing directly against legacy systems suggest meaningful growth potential. This market shift warrants serious consideration from traders evaluating exposure to next-generation derivatives infrastructure.