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Which Coins Can Appreciate in DeFi Derivatives (Which Coins in DeFi Projects Can Appreciate)

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What coins are there in DeFi derivatives? Currently, there are various DeFi deri

Which Coins Can Appreciate in DeFi Derivatives (Which Coins in DeFi Projects Can Appreciate)

What coins are there in DeFi derivatives? Currently, there are various DeFi derivatives available in the market. First is futures contracts, which allow investors to trade based on the investment targets by providing liquidity within the platform. For example, if an investor wants to sell a small portion of stocks or bonds, they can buy back these stocks or bonds using this method and then invest the funds into any other asset at a fixed ratio. Not doing so would result in a price difference of a few hundred dollars, leading to increased losses. However, due to the high volatility of cryptocurrencies such as Bitcoin, it is not suitable as a hedging tool and is also referred to as “options.” In addition, some exchanges have launched leverage products that allow users to use leverage to buy, hold, and sell positions in DeFi products. What coins are there in DeFi derivatives?

Which coins in DeFi projects can appreciate?

Editor’s note: This article is from the Fenghuolun Community (ID:FHBT18), written by Peipei, authorized and reproduced by Odaily Star Daily.

Hello everyone, I am Peipei. The recent market trends have been quite good. Looking at the DeFi sector, the overall situation is relatively strong. However, there haven’t been many significant changes during this period, especially for DeFi, where many new projects have emerged and are about to be introduced. Let’s take a look at how much these coins can appreciate.

If you consider me as some DeFi tokens, currently, the ones with the highest increase in value are UNI and SUSHI. Their gains in the past few days have exceeded three times, but this rate is still lower compared to several other projects. Therefore, I believe there are many points worth discussing about them:

1. The trend of UNI is very similar to Bitcoin. Its rise logic is as follows: on Uniswap, there is a trading pair that can be directly bought or sold, and its price also fluctuates. Therefore, its price is similar to other altcoins. However, because the market is currently in a bull market, its price has already fallen by 50%.

2. Sushiswap’s price started to rise after its launch. Another noteworthy point is that its token price has shown obvious signs of a rally recently.

3. Currently, the two most popular tokens in the DeFi field are UNI and SUSHI, while other tokens are completely different. For example, UNI and SUSHI on ETH are issued on Uniswap.

4. Many projects have their unique designs, such as UNI, SUSHI, and other coins like YAM and AMPL. Of course, not all tokens will rise to the current level; some tokens may fall like ETH or even rise. After all, these tokens are not just coins mined on Ethereum. They do not have a high intrinsic value and do not have significant appreciation potential.

Aside from UNI, there are several other coins in the market that enable defi assets to achieve deflation within the ecosystem, including stablecoins, decentralized exchanges, and decentralized cross-chain lending protocols like Aave, Compound, and Synthetix’s native tokens, all of which are issued on the Ethereum network. Therefore, these tokens can also be considered as future assets. However, they do not intend to issue coins, which means that some assets in DeFi cannot be circulated or exchanged.

In conclusion, these tokens may not only serve as currencies but also be used as payment methods or collateral, providing earnings for users.

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