@blaze21voyager
Decentralized derivatives remain one of the fastest-growing areas in DeFi. Protocols like dYdX, GMX, and Hyperliquid are capturing volumes that rival centralized exchanges in niche markets. As regulation tightens on CEXs, decentralized alternatives may gain even more traction. The challenge is liquidity depth and UX, but progress is steady. This sector could be a core growth driver in the next cycle.