Tiger Research Delves into the Rise of Derivatives in the Virtual Asset Market

IconCryptoNewsTerminal Staff14 Jul, 2024

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Tiger Research Delves into the Rise of Derivatives in the Virtual Asset Market

Tiger Research, a leading Asian Web3 specialized research and consulting firm, has released a report titled "Rising Narratives in the Virtual Asset Market, Derivatives." The report delves into the emergence of perpetual futures, their advantages, and the current landscape of perpetual futures trading in the Korean market. Perpetual futures have gained significant traction in the virtual asset market due to their unique characteristics. They provide an alternative to traditional futures contracts by allowing traders to maintain their positions indefinitely, without the need for physical delivery or expiration dates. This offers advantages such as increased flexibility, lower trading fees, and the ability to hedge against price fluctuations. The report also highlights the growing popularity of Shin Futures, a perpetual futures exchange that has gained a significant market share in South Korea. Shin Futures' success is attributed to its user-friendly platform, deep liquidity, and innovative features such as the ability to trade futures with Korean won (KRW) pairs.

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