Derivatives in DeFi: Present and Future
The blockchain industry is always innovating and the derivatives market for cryptocurrencies is no different. A key innovative trend for crypto derivatives that I have observed is to produce new derivatives that function in unique ways that traditional institutions have failed to issue because of bureaucratic barriers. We saw this in the creation of perps, or perpetual swaps, that give investors exposure to spot markets through derivatives that, unlike futures and options, do not have to be r...
Derivatives in DeFi: Present and Future
The blockchain industry is always innovating and the derivatives market for cryptocurrencies is no different. A key innovative trend for crypto derivatives that I have observed is to produce new derivatives that function in unique ways that traditional institutions have failed to issue because of bureaucratic barriers. We saw this in the creation of perps, or perpetual swaps, that give investors exposure to spot markets through derivatives that, unlike futures and options, do not have to be r...
