Sunday, June 20, 2021 5:38:43 PM
"...In the traditional financial markets, the total value of financial derivatives is estimated by some to be 10x larger than global GDP.
Essentially, derivatives dwarf the value of regular financial markets.
The DeFi derivatives market, on the other hand, is still in its infancy.
The TVL of the
But its recent growth has been very impressive.
The TVL of the DeFi derivatives market was around $132 million a year ago. That means that the market has grown by about 210x in a single year..."
https://explodingtopics.com/blog/defi-trends
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