Why Governance, Order Books, and Fees Make or Break a Decentralized Derivatives Exchange
Here’s the thing. I’m biased, but derivatives are where crypto shows whether it can match traditional finance. My first impression was excitement. Then suspicion crept in. Hmm… decentralized exchanges promising full on-chain order books sounded great on paper. Initially I thought order books were a solved UX problem. But then I watched slippage surprise traders […]
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