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Dear Crypto Derivatives Industry, Let's Not Repeat 2008

Updated Jan 20, 2021 at 7:01 p.m. UTC Dear Crypto Derivatives Industry, Let’s Not Repeat 2008 $1 quadrillion. The derivatives market is considered the biggest market in the world on a notional basis, eclipsing even the ballooning world debt market by four times. However, on a gross market value basis, the derivatives market is considered significantly smaller. The Bank of International Settlements (BIS) estimated it at approximately $12 trillion last year.   The lack of clarity over the siz...
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