Why Governance, Order Books, and Isolated Margin Matter on a Decentralized Derivatives Exchange
Whoa! That felt like a clickbait headline, but hang on—there’s a reason I opened with that. My gut told me this topic would trip up a lot of traders. Seriously? Yes. Decentralized derivatives are not just about cheaper fees or censorship resistance; they’re about who gets to steer the ship, how price discovery actually works,