Defined Derivatives and Options Compared to Decentralized Exchanges

The bet on DeFi is really that over the long run, there are no incentives and it's harder to misuse customer funds. I see a lot of this course, a lot of people on crypto Twitter making fun of it or criticizing it. There's probably some design decisions that DeFi can improve on. But in some cases, many of these protocols as a public good day might not always be the most optimized but they still carry a lot of value for the ecosystem.