🐋Whale Trading

  1. Whales represent more than 50% of volume in derivative crypto CEXs, but little of the volume of DeFi solutions.

Conditions unmet by the industry to achieve onboarding of whales for on-chain trading:

  1. Live premium support

  2. Trade Privacy, to be achieved with bilateral derivatives and SNARKs

  3. Safe price, to be achieved with TWAP oracles for non-DeFi products and manual consensus disputes to avoid any form of live hacks

  4. Deep liquidity, already achieved with V1 OTC bilaterals, to be extended by allowing multiple counterparties to fill a trade, enhancing the swarm

  5. On-chain CCP to avoid counterparty default risk, to be done with V2

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