Why ETF Perpetuals?

The Gap in DeFi

Decentralized finance has revolutionized crypto trading. You can trade BTC, ETH, and thousands of tokens 24/7 with leverage, instant settlement, and no intermediaries.

But what about everything else?

  • Semiconductor exposure — The AI boom is driven by chips, but there's no on-chain way to trade SOXX or SMH

  • Sector rotation — Macro traders want to shift between sectors without TradFi friction

  • Global access — Korean semiconductor ETFs are hard to access outside Korea

Why Perpetuals?

Perpetual futures are the ideal instrument for ETF exposure:

No Expiry

Unlike traditional futures, perps don't expire. Hold your position as long as you want without rolling contracts.

Funding Rate Mechanism

The funding rate keeps perp prices aligned with the underlying ETF:

  • When perp > ETF price: longs pay shorts

  • When perp < ETF price: shorts pay longs

This creates arbitrage incentives that maintain price accuracy.

Leverage

Access up to 3x leverage on ETF exposure—something retail investors can't easily get in traditional markets.

Short Selling

Go short with a single click. No borrowing, no locate requirements, no short sale restrictions.

Why Semiconductors?

We're starting with semiconductor ETFs because:

  1. High demand — AI/ML boom has made semis the most watched sector

  2. Clear price feeds — SOXX and Korean semi ETFs have reliable, liquid pricing

  3. Global interest — Traders worldwide want semi exposure

  4. Volatility — Active traders benefit from sector volatility

The Rubicon Advantage

Traditional ETF
Rubicon Perps

Market hours only

24/7 trading

T+2 settlement

Instant

1x exposure (retail)

Up to 3x leverage

Complex shorting

One-click shorts

KYC required

Permissionless

Brokerage fees

Competitive on-chain fees

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