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The End Game for DeFi (Uniswap, Curve, Aave, & more) | EP 10
Good Game
GMX - What Are the Data Points They're Seeing?
The trend I'm seeing is that derivatives are moving towards Layer 2s. And fundamentally, it's because derivatives require much higher throughput than spot exchanges. The people who trade on derivative exchanges are fucking de-gens. They will trade like 100 times per day.
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