[DWF Labs: Nasdaq's Extended Trading Hours Benefit On-Chain Perpetual Contracts] DWF Labs posted on the X platform, stating that Nasdaq's extended trading hours are beneficial for on-chain perpetual contracts. The core challenge of a 24/7 trading platform lies in pricing when the underlying asset market is closed. Existing solutions such as EMA estimates and internal pricing algorithms introduce basis risk and funding rate volatility. With the approach of near-round-the-clock regulated markets, oracles can access higher-quality reference prices, further narrowing the price gap between on-chain perpetual prices and fair value. Continuous regulated price feeds will also reduce arbitrage costs and narrow the basis between on-chain and off-chain markets. Market makers, who previously lacked reliable reference prices, can now participate, making RWA perpetual contracts more feasible and attractive.