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RE: Crypto derivatives are traditional tools for the DeFi market — Injective Protocol is building a trustless exchange for the new derivatives paradigm
Dear @kryptarion
Finally I've found some time to catch up and read few previously bookmarked posts.
Solid read. Topics related to technology and economy are my favourite ones.
The early kinds of derivatives for bitcoin were in the form of futures contracts.
Any idea if future contracts within crypto space are popular? In 2018 everyone talked about it - however I don't hear much about it any more.
ps. it's a bit sad that your posts do not enjoy much traffic. perhaps you should consider being little bit more active within our PH community - this way more people will recognize you and will be willing to invest their own time to read and comment on your posts.
Have a great monday ahead buddy :)
Yours, Piotr
Thank you for your contribution @crypto.piotr.
Like I said in the main article, futures were the first kind of option trading for bitcoin. While Bitcoin futures are majorly used for arbitrage and hedging, the expiry date in the contract makes them undesirable for investors who wants to profit from predicting the market fluctuation.