Derive (DRV)

Crypto bears are gonna get smoked for a little while, tbh.

1) Healthy growth for @DeriveXYZ last month, it's a simple metric that if you track on a weekly basis, can frontrun CT quite early if mid July we have explosive growth.\n2) Seeing more interest for Options w/ diff tokens shill, dyor and don't become exit liquidity w/o comparing competitions such as: @SynapseProtocol \n3) Derive v3 is coming, ideally if we get additional products similar to 0dte and more retail friendly UX, i think this is a game changer @nickforster \nethereum:0xb1d1eae60eea9525032a6dcb4c1ce336a1de71be

🎙️ New @Edge_Pod

🤗 Why Onchain Options Are Finally Working: Derive's 90% Market Share and What's Next?

0:00 - Intro
2:27 - Betting on onchain options in 2021
4:10 - Largest onchain options exchange
5:28 - Building “the infinite payoff factory”
11:59 - Why they never pivoted to perps
14:00 - The inflection point
16:37 - How RFQ works for size
18:04 - Yieldmageddon
22:19 - Vaults to be built on Derive
24:17 - Is there an LP pool-style product?
25:17 - From Lyra's AMM to Derive's CLOB
28:20 - What markets are live today?
29:09 - Which networks Derive supports
30:26 - HYPE options driving new growth
31:36 - What if HL launched options?
35:53 - Options have strong network effects
39:17 - RWA options markets coming
44:14 - Who trades on Derive?
46:13 - Growth charts
48:43 - Why options are countercyclical
51:09 - All value flows to DRV
55:08 - Synthetix’s acquisition proposal
57:43 - How big can Derive get?
1:00:27 - What's next?
1:02:03 - Closing

🙏 Thanks to @DeriveXYZ CoFounder & CEO @itseneff for joining us