Trading is now a video game with Legend

In this episode of Galaxy Grid, the hosts are joined by Jay, co-founder of Legend Trade, to break down what they are seeing in the mechanics and growth of social trading and onchain perps. The panel opens with an overview of the crypto market as Bitcoin trades around $82K following persistent ETF outflows, macro headwinds, and rising BTC dominance. Jay explains why retail traders are currently sitting on cash despite high active user numbers, while the hosts debate institutional adoption versus short-term price uncertainty. The conversation then dives into Legend Trade, an advanced social trading platform built on Hyperliquid. Jay explains why Legend avoids meme coins to focus strictly on liquid perps and real-world assets, the mechanics behind their one-click autocopy and profit-share model, and the lessons learned from experimenting with trading as a live spectator sport. Keep in touch: ▸ Follow us on Twitter: https://x.com/galaxyhq & https://x.com/glxyresearch ▸ Read our research at https://www.galaxy.com/research ▸ Subscribe to receive Galaxy Research's weekly newsletter: https://www.galaxy.com/subscribe-to-r... This video, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at https://www.galaxy.com/galaxy-digital...