This market will resolve to “Yes” if Uniswap launches a perpetual futures exchange (perp-DEX) at any time after the creation of this market and before January 1, 2027 – 00:00 PST. Otherwise, this market will resolve to “No.” For the purposes of this market: • A “perpetual exchange” is defined as a Uniswap-branded or Uniswap-governed protocol that enables users to trade perpetual derivative contracts with no fixed expiry. • The product must be publicly accessible and usable by the general public. • Governance approval alone, announcements, plans, or prototypes do not qualify unless the product is actually launched and usable. • Integrations with third-party perp protocols do not qualify unless Uniswap operates or governs the underlying exchange itself. Only launches occurring after market deployment are eligible.