{"id":409846,"date":"2025-11-01T10:02:10","date_gmt":"2025-11-01T04:32:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/former-ftx-us-president-brett-harrison-to-launch-perpetuals-exchange-crypto-news\/"},"modified":"2025-11-01T10:12:11","modified_gmt":"2025-11-01T04:42:11","slug":"former-ftx-us-president-brett-harrison-to-launch-perpetuals-exchange-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/former-ftx-us-president-brett-harrison-to-launch-perpetuals-exchange-crypto-news\/","title":{"rendered":"Former FTX US President Brett Harrison to Launch Perpetuals Exchange &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Harrison\u2019s Architect exchange will primarily focus on TradFi assets.<\/p>\n<div>\n<p>Brett Harrison, the former president of FTX US, the United States-based arm of the infamous FTX exchange led by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/cefi\/sbf-to-face-u-s-charges-as-ray-prepares-to-share-autopsy-of-ftx\" target=\"__blank\" rel=\"noopener noreferrer \">Sam Bankman-Fried<\/a>, has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/brettharrison88\/status\/1983521035304472815?s=46\" target=\"__blank\" rel=\"noopener noreferrer \">announced<\/a> the launch of Architect, a perpetual derivatives exchange.<\/p>\n<p>Architect\u2019s AX exchange allows users to trade perpetual futures on traditional assets, such as stocks, indices, interest rates, and commodities, on a centralized, regulated platform. <\/p>\n<p>Perpetual futures for traditional finance assets have been a hot topic in 2025, with centralized and decentralized venues such as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/tradfi-and-fintech\/robinhood-to-launch-native-blockchain-tokenized-stocks-perpetual-futures\" target=\"__blank\" rel=\"noopener noreferrer \">Robinhood<\/a> and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/tokenized-nasdaq-futures-enter-top-10-by-volume-on-hyperliquid\" target=\"__blank\" rel=\"noopener noreferrer \">Hyperliquid<\/a> racing to dominate the space and attract new users.<\/p>\n<p>AX futures will leverage the central limit order book (CLOB) model and offer centrally cleared, anonymous order matching.<\/p>\n<p>The exchange is operated by the company\u2019s Bermuda-based affiliate, Architect Bermuda Ltd, and according to the release, AX\u2019s launch under the Bermuda arm\u2019s regulatory licenses is \u201ca critical step forward for global derivatives trading, bringing key innovations in digital asset products to vast, comprehensively-regulated traditional financial markets.\u201d<\/p>\n<p>While perpetuals have always been a crypto-focused product, the sector has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/aster-token-soars-as-perpetual-dex-mania-rages-on\" target=\"__blank\" rel=\"noopener noreferrer \">exploded<\/a> in 2025, with more than <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/perps\" target=\"__blank\" rel=\"noopener noreferrer \">$5 trillion<\/a> traded across all decentralized venues so far this year. For context, the cumulative decentralized perpetual volume up until this year was just $4.2 trillion.<\/p>\n<figure><figcaption class=\"text-center text-xs\">Cumulative perpetuals volume &#8211; DeFiLlama<\/figcaption><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Harrison\u2019s Architect exchange will primarily focus on TradFi assets. Brett Harrison, the former president of FTX US, the United States-based arm of the infamous FTX exchange led by Sam Bankman-Fried, has announced the launch of Architect, a perpetual derivatives exchange. Architect\u2019s AX exchange allows users to trade perpetual futures on traditional assets, such as stocks, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":409847,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-409846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=409846"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409846\/revisions"}],"predecessor-version":[{"id":409848,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409846\/revisions\/409848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/409847"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=409846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=409846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=409846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}