Why options never really popped off in crypto (yet):
@gdog97_ breaks it down → Retail wants leverage speculation, but in TradFi you've got massive institutional hedging on the other side. That counterparty flow just doesn't exist at scale in crypto.
No real two-sided market = no deep liquidity = options stay niche.
Meanwhile perps print because they're simple, liquid, and don't need sophisticated counterparties. Just degen long/short with funding.
Options need more than just retail apes. They need real hedgers, market makers, and institutional flow. We're not there yet.
@gdog97_ breaks it down → Retail wants leverage speculation, but in TradFi you've got massive institutional hedging on the other side. That counterparty flow just doesn't exist at scale in crypto.
No real two-sided market = no deep liquidity = options stay niche.
Meanwhile perps print because they're simple, liquid, and don't need sophisticated counterparties. Just degen long/short with funding.
Options need more than just retail apes. They need real hedgers, market makers, and institutional flow. We're not there yet.