Lex chats with Rachel Lin, the Co-Founder & CEO of SynFutures, a decentralized derivatives trading platform. Lin discusses her background in traditional finance and her transition into the fintech and cryptocurrency industry. She explains her experience working in structured derivative sales and trading at Deutsche Bank, where she interacted with clients such as hedge funds and corporates who used derivatives for speculative purposes, hedging, and arbitrage. Lin then moved to fintech company Alipay, where she learned about blockchain technology and became interested in the potential of decentralized finance. She later joined Matrixport, a centralized platform, before starting her own decentralized derivatives platform, SynFutures. Lin explains that decentralized platforms offer transparency and the ability for anyone to become a market maker or service provider, while centralized platforms require more configuration and rely on market makers. She also discusses the growth potential of decentralized derivatives and the current dominance of speculation in the crypto derivatives market. Lin believes that as digital economies grow, the usage of blockchain and derivatives for economic purposes will also increase.
MENTIONED IN THE CONVERSATION
SynFuture's Website: https://bit.ly/3OCDRaa
Topics: crypto, digital assets, investment, blockchain, AMM, DeFi, CeFi, Liquidity, hedging, arbitrage, derivatives, perps, synthetic
Companies: Synfutures, Alipay, Matrixport, DYDX, GMX, Synthetix, Deutsche Bank, Uniswap
ABOUT THE FINTECH BLUEPRINT
🔥Subscribe to the Fintech Blueprint newsletter to stay at the forefront of Fintech and DeFi: https://bit.ly/3hyhlC2
🤝 Partner with Fintech Blueprint through sponsorships: https://bit.ly/3UZllsV
👉 Twitter: https://twitter.com/LexSokolin
TIMESTAMPS
1’23: Trading Illusions for Insights: Navigating the Complex World of Financial Derivatives
6’35: Hedging Needs vs. Market Speculation: Deciphering the Derivatives Landscape
10’54: Institutional to Retail: Transitioning Through Chinese Fintech and Cryptocurrency Markets
16’16: SynFutures: Unlocking Decentralized Derivatives Trading for All
20’54: Synthetic Derivatives and Leverage: Amplifying Trades on Decentralized Platforms
26’56: DeFi Derivatives: AMM Liquidity, Competition, and the Future of Synthetic Trading
32’13: The promise of Crypto Derivative Markets: Beyond Speculation - Hedging, Arbitrage, and the Promise of Digital Economies
35’00: The channels used to connect with Rachel & learn more about SynFutures
Disclaimer here — this newsletter does not provide investment advice and represents solely the views and opinions of FINTECH BLUEPRINT LTD.
Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella
Want to discuss? Stop by our Discord and reach out here with questions.