Explaining onchain trading to newcomers doesn't have to be complicated. Here's what I usually show them: the perpetual futures market on a decentralized platform works almost identically to what you'd find on a centralized exchange—same trading mechanics, same leverage options. But there's one crucial difference: your capital remains in your wallet. You maintain self-custody the entire time. That's the real value proposition of decentralized perpetuals. No intermediary holding your funds. No counterparty risk. Just you, the blockchain, and pure peer-to-peer trading.