May 6, 2022, 2:56PM EDT
• 6 min read
An Updated Look at On-Chain Structured Product Protocols
- Composability continues to be the main differentiator between on-chain derivatives protocols and their centralized counterparts.
- Use cases have been largely limited to vaults for automated option selling and basis trading.
- As derivatives protocols continue to grow in sophistication, the design space for decentralized structured products also expands considerably and will be explored here.