Deriving High Yields From Decentralized Derivative Markets

Deriving High Yields From Decentralized Derivative Markets
As price volatility of many of the major crypto coins and tokens has increased in the second half of this year, many market participants are shifting their focus from price to yield. Decentralized derivative markets and derivative liquidity pools are fast emerging as ways to generate superior yields than basic lending and swaps within decentralized finance (DeFi).This can be seen by the results of the testnet that Qilin Protocol ran from Nov. 16 to Dec. 7 this year. During this period, over 800 unique addresses provided $650 million accumulated volume from five perpetual pools. This generated an average, non-inflationary pool…