
DeFi Derivatives Explained: How Layer-2 DEXs Are Racing to Beat Centralized Exchanges with Speed, Security & Self-Custody
Source: Deep Dive into DeFi Derivatives | MixBytes
Decentralized finance (DeFi) derivatives have evolved rapidly, moving from slow, costly on-chain protocols to high-performance, nearly instantaneous trading environments rivaling centralized exchanges (CEXs). This transformation increasingly enables traders to maintain control over their assets-no custody handoffs needed-while enjoying competitive speeds and liquidity.
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