What Essential Factors Are Needed for DeFi Derivatives Development?

Half the year has passed, how have DeFi derivatives developed? There were two major trends worth noting in the 2020 cryptocurrency market. First, centralized exchange derivatives trading exploded early in the year, with Bitcoin futures contract open interest rising from approximately $2.7 billion to about $9.4 billion throughout the year, an increase of 248.15%. Second, DeFi protocols saw moderate adoption in the second half of the year, with lending protocols and AMM DEX becoming dominant products, and total value locked growing from $670 million to $14.5 billion, an increase of approximately 2100%.