Crypto Derivatives: Industry Leaders Highlight Challenges for Sustainable Growth

Industry experts are calling for solutions to challenges hindering the growth of crypto derivatives, particularly perpetual contracts. Arthur, founder of DeFiance Capital, stresses that these market structures need refinement before achieving sustained success, arguing that continued financial losses must be addressed. However, he believes learning from past experiences will lead to better products in the future. Meanwhile, Evgeny Gaevoy, founder of Wintermute, challenges this notion, stating traditional finance has already addressed these issues and highlighting a deeper problem: centralized trading platforms combining market-making, centralized limit order books, and custody services as culprits for current challenges.