FTX CEO Sam Bankman-Fried says derivatives are necessary to bolster the liquidity and efficiency of markets.
The chief executive of crypto derivatives exchange FTX, Sam Bankman-Fried (SBF), has argued that derivatives are vital for the efficiency of the digital asset markets.In an interview with Forbes published Aug. 30, the crypto billionaire claimed that crypto derivatives are “misunderstood,” asserting that critics fail to recognise the vital role derivatives play in bolstering the liquidity and efficiency of markets. Derivatives refer to financial contracts that derive their value from an underlying asset or benchmark. Crypto derivatives in the form of futures, options, and perpetual swaps have attracted significant popularity in recent years.SBF described derivatives as “misunderstood,” adding: “People will note that derivatives trade more volume in crypto than spot, which is true. But that is true of every
Źródło: https://cointelegraph.com/news/sbf-promotes-efficiency-of-misunderstood-crypto-derivatives
