New crypto narratives are emerging this year and decentralized finance (DeFi) derivatives are among them. The growth of previous years is likely to continue into 2023.

DeFi derivatives have had an explosive entrance into the crypto ecosystem. Despite the 2022 bear market, leading players have performed well.

Derivatives refer to investment vehicles such as futures, options, swaps, and other financial contracts which track or provide exposure to crypto assets.

Traditionally, derivatives trading has only been available to institutional traders. However, DeFi and DEXes have opened the digital doors for everyone to have a dabble

#bearorbull #BNBbearorbull