DeFi’s Speculation: A Double-Edged Sword

In a recent article by Billy Campana, contract developer at Api3, he explores the role of speculation in decentralized finance (DeFi). While often criticized for its ‘casino’ nature, DeFi democratizes speculation mechanisms that have traditionally been limited to institutions like hedge funds. This approach empowers individuals to participate in price discovery and arbitrage opportunities previously inaccessible to them.