- DeFi options protocol’s TVL dropped significantly over the past three months since the collapse of Terra/Luna and amid a series of crypto platforms’ liquidations and withdrawal freezes.
- Albeit this, the three protocols we highlighted in our first note have shown no signs of slowing down in terms of launching new updates and products.
- DeFi options protocols are still at the beginning of their development and need to see to some of their own issues before being able to challenge CeFi/Deribit.
KT Capital Group • Fintech & EM-focused Analyst • (Opens in a new window) ⧉
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