Why Crypto Options Are Still In The Early Days w/ Nick Forster
About this episode
Nick Forster discusses the evolution of crypto options and the importance of on-chain transparency in decentralized finance.
Nick Forster, CEO of Derive joins us to talk about his journey from trading equity options at SIG to building the leading decentralized options platform. Nick talks the shift from AMMs to app chains and why institutional liquidity is moving on-chain. Nick explains Derive's strategy of 'exporting' complex derivatives to 7+ chains and why on-chain transparency is the only fix for centralized OTC risks. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Captured 90% of on-chain options market share. * Traditional AMMs yielded 5-10% annually initially. * RFQ for institutional liquidity. Timestamps: 00:00 Start 00:19 Nick's background 01:20 History of Options 04:15 The journey toward an L2 App-chain 07:11 The "aggregation of liquidity" thesis 09:40 OTC desks & competitors 13:47 Roadblocks to institutional involvement 16:11 Hyperliquid integration 17:09 HLP 22:09 Perps 27:17 Tap trading vs dice rolls 30:52 Value capture 34:38 EFT options 36:05 Why have perps on Derive? 38:36 Current decentralized trading tech vs tradfi 43:14 Regulations 46:16 RWAs 48:30 Bridging to other chains 50:41 Derive token 52:24 Token holders The Gwart Show is sponsored by Ellipsis…
Sponsors
Ellipsis Labs
More episodes of The Gwart Show | Blockspace Media
- The Case For Q-Day 2032 w/ Justin Drake
- Why Threadguy Trades Oil Now
- We Need To Stop Geofencing DeFi Like Hyperliquid w/ Jake Chervinsky
- Why Miners Are Trading BTC For AI Compute w/ Rory Murray & Chris Bae
- Investable Crypto Is Shrinking w/ Noah Goldberg
- A Return To Fundamentals w/ Dean Eigenmann
Explore listener stats, chart rankings, contacts and more on the The Gwart Show | Blockspace Media podcast page.