Introduction
As we know, when cryptocurrency starts to anger, from
there the derivatives market begins to form. This is largely due to the fact
that the price of Bitcoin and other cryptos dropped from the highest level to
2018. By 2020, we can see changes in many aspects, from Coronavirus, negative
oil futures prices for June, to, of course, half Bitcoin, and booming in
derivative trading in the crypto space even jumped to a record high of $ 607
billion in May 2020. From here Injective tried to create a first layer-2
exchange protocol that goes ahead, which unlocks the full potential of
unlimited finance by supporting trade margins, derivatives, and futures. by Entering
the world of margin trading on derivatives and tokens through the interface
with Utilize the full potential of the protocol. Decentralized Futures &
Derivative Markets In turn, this is a new way to exchange decentralized futures
and derivative products. The last few years and the mix of DeFi and the booming
derivatives market, even over the past 365 days, the market has grown from a
trading volume of around 2.5 billion dollars to more than 21 billion dollars,
and does not seem to slow down. This shows great growth in the DeFi space and
cryptocurrency trade and now is the main time to pump more innovation in that
space. Specifically, derivatives in crypto have potential, proven markets, and
market compatibility as evidenced by the meteoric rise from last year's
centralized derivative exchange. On the other hand, DEX opens the door to
derivatives trading decentralized on the blockchain; the space for imagination
is unlimited. With diversified products and diversified trade markets, the
potential for the future in terms of trade capacity is huge. DeFi can
exponentially increase the market value of the entire crypto asset space, but
there is a lot of work to be done for proper execution.
Core
Regarding the derivatives market, Injective has a
vision regarding markets. Derivatives in the crypto room have huge market
potential and compatibility, such as centralized exchange of derivatives such
as Bybit, Deribit, and FTX that was proven last year. Injective Protocol is
fully decentralized, which allows the creation of derivative products without
permission and this derivative market will run based on a decentralized
peer-to-peer futures protocol. The Injection Protocol supports continuous
swaps, contracts for differences (CFD), and will continue to prepare and provide
other derivative products. Furthermore, the Injective Protocol allows
individuals to create and trade arbitrary derivatives markets with only a price
feed. We believe that this is a large, untapped market with many demands and
opportunities to serve unmet needs that are not even met by today's centralized
exchange. Market makers cannot react quickly to market changes and hence pose
additional risks by making markets on DEXes. The result is that DEX acts as a
secondary market where users face more inefficient prices / higher spreads
which ultimately results in less liquidity. By implementing a decentralized
trade execution coordinator that allows for free and almost instant order
cancellations and greatly increases trading speed by increasing the execution
and completion of our exchanges on the Layer-2 chain, this limitation is
effectively broken. This is all supported by the Injective Chain which operates
our Layer-2 derivative platform, functioning as a Decentralized Trade Execution
Coordinator (TEC), with a decentralized rule book. DeFi is still very young but
is developing very fast. This is basically technology that enables freedom that
will truly change the world and disrupt the existing financial system as we
know it. This will of course take time, but believers work tirelessly to make
this a new beautiful reality.
For more information visit the link below:
Website : https://injectiveprotocol.com/
Github : https://github.com/InjectiveLabs
Twitter : https://www.twitter.com/@InjectiveLabs
Telegram : https://t.me/joininjective
Reddit : https://www.reddit.com/r/injective/
Kakaotalk : https://open.kakao.com/o/gpsxxR8b
My Bitcointalk Link : https://bitcointalk.org/index.php?action=profile;u=1305012
My ETH
Address : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d
Telegram Username : @robiawal
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