Disclaimer: we do not consider Layer 3 (AppChains) to be “DeFi” products at the time of writing this article. Layer 3 chains are still protected by multi-sigs, which mostly have to do with semi-CEX products rather than DeFi ones. So keep in mind that when we mention “DeFi”, we exclude these semi-CEX projects.When will on-chain options see substantial growth?On-chain option products were first introduced in 2020, and since then, numerous projects have tried to conquer this sector. However, the...