Finance

On-chain Perpetual Swaps Trends in 2022 and Post-FTX

12/02/2022
Bitcoin Ethereum News

December 2, 2022, 2:20PM EST

• 7 min read

Quick Take

  • The collapse of FTX highlighted the shortcomings of centralized exchanges.
  • Self-custody could have been the main catalyst to drive further adoption of on-chain perpetual exchanges.
  • The few days after FTX halted withdrawals resulted in significant increases in users and volume for on-chain perpetual exchanges.
  • These metrics quickly reverted back to their mean as uncertainty surrounding CEXs subsided.

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Source: https://www.theblockresearch.com/on-chain-perpetual-swaps-trends-in-2022-and-post-ftx-191473?utm_source=rss&utm_medium=rss