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Derek Alia is CEO of Futureswap, a decentralized exchange platform for derivatives trading. The platform has generated significant trading volume and Alia has discussed the shift in cryptocurrency towards decentralized exchanges and automated market makers.
1Interview
2021First on the show
Aug 2021Latest appearance
15 minOn camera
14:41
Latest interview · Aug 8, 2021Derek Alia on Futureswap's derivatives exchange platformWatch the episode →
In their own words
“Future swap is a perpetual protocol that allows for anyone to engage on ethereum with our contracts allowing them to create perpetuals on any asset they want to with leverage up to 20x.”
Key points from the latest interview
- Futureswap is a decentralized perpetual protocol on Ethereum allowing up to 20x leverage on any asset, claiming to be the first fully decentralized perpetual platform launched over a year ago.
- The platform generated $4.2 billion in volume by offering competitive yields to liquidity providers through an AMM model that allows capital to be reused multiple times daily.
- Futureswap maintains consistently lower slippage than competitors by focusing on sufficient liquidity and price execution comparable to centralized exchanges like Binance and BitMEX.
- Version 3 is a ground-up redesign prioritizing performance and cost reduction, with planned launches on Layer 2 solutions including Arbitrum and Optimism within weeks to reduce gas fees.
- The platform addresses crypto users' preference for non-custodial, decentralized trading solutions aligned with cryptocurrency principles rather than centralized exchange models.