Decentralized exchanges, known as DEXs, have become a popular way for individuals to speculate on token prices within the cryptocurrency market. Platforms like dYdX and Vertex have attracted significant attention and amassed hundreds of millions of dollars in crypto deposits. However, a new player in the space, Stream, has recently emerged from beta testing with a total value locked of million.
While derivatives exchanges have long been a staple in the on-chain landscape, Stream’s entrance into the market is noteworthy due to its unique approach and growing popularity. With the crypto industry constantly evolving, it will be interesting to see how Stream’s platform continues to attract users and differentiate itself from the competition.