The crypto derivatives market is booming🔥, and market revenue is expected to soar from US$9.6 billion to US$231.2 billion by 2030! Currently, the total trading volume of the crypto derivatives market accounts for 74.2% of the market share, and the monthly trading volume has reached 1.9 trillion US dollars, which has tripled in the past three years. Among them, perpetual contract trading accounts for 90% of the market trading volume.

Protocols worthy of attention include: dYdX, GMX, GainsNetwork, MUX Protocol, Lyra and Dopex. They each have their own characteristics. For example, dYdX is the largest decentralized trading platform for perpetual contracts, GMX is the largest protocol in the Arbitrum ecosystem, GainsNetwork is one of the most powerful and profitable perpetual DEXs, and so on.

The derivatives market is becoming one of the largest markets in the crypto space, and regulatory pressure and market growth will continue to provide favorable conditions for the development of this field. What do you think of these agreements? Welcome to chat in the comment area! 💬