EVERYTHING about perps. Part 2: History of perpetual swaps.

08 Sep 2023, 14:09
πŸ“š EVERYTHING about perps Part 2: History of perpetual swaps When were perpetual swaps introduced to crypto markets and where are they now? 🏊 πŸ‘‡

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2
TribeOne
TribeOneHAKA #4593
Twitter
08 Sep 2023, 14:09
While perpetuals swaps daily volume on DEXes is still way lower than on centralized exchanges, it's been growing substantially, even during the bear marker. The growth of perps is proof how powerful and needed decentralized finance is πŸš€ πŸ“š6πŸ”š
While perpetuals swaps daily volume on DEXes is still way lower than on centralized exchanges, it's been growing substantially,
While perpetuals swaps daily volume on DEXes is still way lower than on centralized exchanges, it's been growing substantially, even during the bear marker. The growth of perps is proof how powerful and needed decentralized finance is πŸš€ πŸ“š6πŸ”š
TribeOne
TribeOneHAKA #4593
Twitter
08 Sep 2023, 14:09
This changed drastically with the emergence of L2 networks. Low fees made perpetual swaps possible and the security of Ethereum network attracted more capital πŸ’ΈπŸ’ΈπŸ’Έ Two of the DEXes with largest volume in perpetual swaps are dYdX (on StarkEx) and GMX (on Arbitrum). πŸ“š5β†’
This changed drastically with the emergence of L2 networks.
This changed drastically with the emergence of L2 networks. Low fees made perpetual swaps possible and the security of Ethereum network attracted more capital πŸ’ΈπŸ’ΈπŸ’Έ Two of the DEXes with largest volume in perpetual swaps are dYdX (on StarkEx) and GMX (on Arbitrum). πŸ“š5β†’