#DeFiBreakdown 13 - #Derivatives & DeFi.
01 Oct 2022, 03:51
#DeFiBreakdown 13 - #Derivatives & DeFi
Cryptocurrencies have become a major economic disruptor, as they gain momentum as a medium of exchange and an asset for investment. Crypto derivatives are a typical example that has experienced tremendous growth and expansion.
Currently, the mainstream derivatives in the cryptocurrency market are futures contract, perpetual futures & option contract.
Looking at the current state of the crypto derivatives market, we can see that Trading Vol on both CEXs & DEXs indicates that crypto derivatives have grown considerably, remaining one of traders' most sought-after investment strategies and a crucial part of crypto economy as a asset class, enabling investors to limit their exposure to risk & benefit from underlying assets’ price movement.
We'll take a deep dive into Crypto derivative trading in part 2 of this section released next week!