Crypto Derivatives Keep Surging
The crypto market (in spot prices) has been in good mood for now but the derivative market seems to be at better position at this moment.
While the spot market has been around at $620 billion, the corresponsive derivative market has surged over $2.1 trillion, creating new dimensions in the crypto markets.
The market has been on fire due to FED’s decisions regarding freezing the interests raise as everyone in the market will try to lower their risk on portfolios.
The largest platforms in the crypto derivative market is Binance, whose share is 60 %, followed by OKX and ByBit.
And Coinbase is entering the crypto derivative game, giving the market a new framework.
The derivatives is the new hot topic…..