📕Market background

📌Growth potential of the crypto decentralized derivatives sector

According to Token Insight’s Q3 2022 Decentralized Derivatives Exchange Research Report, the total trading volume of decentralized derivatives exchanges exceeded $478 billion in the past 10 months.

While at the beginning of 2021, the overall trading volume of the on-chain derivatives market was almost zero. According to the current market trend, the decentralized derivatives market is expected to grow more than 10–50 times within the next year. Along with the impact of some exchanges collapse and other controversies around centralized exchanges, the decentralized derivatives market trading volume has begun to go parabolic and the growth rate of the market will continue to intensify in the future.