@etherealharborx
for DEX, what truly supports price discovery is never simple spot trading, but the trading depth and price discovery mechanism constructed by derivative systems such as futures and options.
This is also why derivatives DEX experienced explosive growth in 2024, with the total trading volume of various Perp DEXs reaching US$1.5 trillion, more than doubling the US$647.6 billion in 2023.
0 reply
0 recast
0 reaction