Fondateur de Wintermute : Le vrai problème de l'industrie crypto n'est pas le design des contrats perpétuels, mais la centralisation des plateformes crypto
By: theblockbeats.news|2025/11/18 10:45:54
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BlockBeats News, 18 novembre. Le fondateur de DeFiance Capital, Arthur, a exprimé dans une publication que le design des produits dérivés crypto (principalement les contrats perpétuels) et leur structure de marché associée restent les problèmes majeurs que l'industrie doit résoudre avant d'atteindre une étape de développement durable. L'industrie ne peut pas se permettre de subir des destructions de richesse de cette ampleur encore et encore tout en prétendant que tout est normal sans corriger les problèmes structurels. Cependant, il y a de l'espoir de concevoir de meilleurs produits en s'appuyant sur les expériences historiques.
Le fondateur de Wintermute, Evgeny Gaevoy, a répondu à cela en affirmant que la finance traditionnelle a résolu ces problèmes depuis longtemps, et que le vrai problème n'est pas le design des contrats perpétuels, mais plutôt ces plateformes crypto centralisées (et semi-décentralisées) qui combinent le market-making, un carnet d'ordres centralisé (CLOB) et la garde au sein d'une seule entité.
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