Summary
TLDR: Derivatives exchanges like dYdX and Vertex are popular for speculating on token prices with millions in deposits, while Stream has just $5 million in total value locked after emerging from beta testing.
Key Points
1. Derivatives exchanges like dYdX and Vertex are popular platforms for speculating on token prices, with significant amounts of crypto deposits.
2. Stream, a newer derivatives exchange, has emerged from beta testing with $5 million in total value locked, showcasing its potential growth in the market.
3. Despite the attention and large deposits seen on other exchanges, Stream’s emergence highlights the diversity and competition within the on-chain landscape for trading derivatives.