An interesting fact is that US stock market retail investors primarily play options with zero time value and expiration on the same day, essentially gambling with pure leverage. Therefore, for blockchain projects in the US stock market, instead of the same old narratives about long-term value/financial equality that don't generate profits, I believe the opportunity lies in converting Robinhood's options trading users into perpetual contract traders. These two are interconnected: those buying calls open high-leverage contracts, and those selling calls deposit XXLP to earn returns.
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shaunda devens
@shaundadevens
12-09
1/ US options hit $89T notional in September, dwarfing crypto futures ($1.2T). In SPX, 61% of volume is 0DTE and retail is >50% of that flow, bleeding out in toxic auctions and theta decay
With incumbents blocked by regulation, is DeFi the solution?
Breaking down Equity perps:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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