DeFi Derivatives Adoption in 2022

The Block Research has recently summarized the biggest DeFi trends in 2022, with events such as the collapse of a flawed algorithmic stablecoin and OFAC’s sanction on Tornado Cash affecting the whole industry. 

In this research piece, we look into the adoption of DeFi derivatives in 2022, ranging from perpetual futures and exotic derivatives to structured products and liquid staking derivatives (LSDs).