Structured products in decentralized finance protocols

The growth of decentralized finance (DeFi) in recent times has been accompanied by increasing levels of sophistication in terms of portfolio management for investors. These developments can be seen as the natural evolution of the rudimentary blockchain protocols first imagined years ago to the powerful financial tools they are today. 

As record amounts of capital continue to enter into the crypto markets, investors are beginning to look for the tools necessary to customize their yield, risk, and exposure to crypto assets. Several structured products already exist on-chain today, with varying degrees of complexity and user management involved for the different protocols. This research report highlights a few of the options available for crypto investors looking to more efficiently allocate their capital or to implement a more nuanced investment thesis.