Perpetual DEX
Growth Potential of Perpetuals
Why Singular is Uniquely Good and Hard to Replicate
Perpetual futures have become the linchpin in the realm of cryptocurrency trading. On leading platforms like Binance, these instruments have dominated the scene, accounting for about 75% of the total trading volume since 2021. This surge underscores the central role of perpetual futures, but it also highlights a stark reality: the centralized nature of this trading volume. Decentralized exchanges (DEXs), in contrast, have barely made a dent in this space, with their contribution appearing almost negligible when juxtaposed against the centralized giants.
Envisioning a Future Dominated by Decentralized Derivatives Despite the current centralized dominance, there is a growing optimism about the future of decentralized derivatives. Our team, in particular, is bullish on the potential for a significant market shift. We foresee a landscape where a leading DEX could command a substantial market share, potentially capturing a value that could exceed $25 billion. This vision hinges on the belief that the inherent advantages of decentralized systems could eventually sway the balance of power in their favor.
Key Factors Influencing the Transition to Decentralized Perps:
- Liquidity: This is the cornerstone of any successful exchange, more so for DEXs vying to compete with established centralized exchanges.
- Cross-margining and Infrastructure: The development of robust infrastructure, including features like cross-margining, is essential to bolster liquidity and enhance user experience.
Strategic Partnerships and Vision for Singular
Singular has established strategic partnerships with prominent blockchain entities such as Arbitrum, Polygon, Cardano, and Chainlink, alongside securing exclusive agreements with esteemed traditional financial institutions. These partnerships highlight our dedication to elevating Singular to extraordinary levels of achievement. While we are confident in our autonomous journey to success, we highly value and anticipate your active participation. In our endeavor to establish Singular as a leading derivatives exchange, we are keen on collaborating with strategic advisors and investors who align with our vision and can significantly contribute to our path of growth.
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