Latest developments: Digital credit products tied to Strategy's bitcoin-backed ecosystem suffered steep declines last week before partially recovering.
What happened: Strive's analysis points to forced selling rather than a breakdown in decentralized finance markets.
The liquidity story: Strive argues the market's ability to absorb large trading volumes is a positive signal.
Reading between the lines: Strive sees digital credit as a much larger opportunity than current market participants appreciate.
What comes next: Executives contend the recent volatility does not undermine the products' long-term thesis.
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
Source
This article is syndicated for educational reading. For the latest updates, visit the original publisher.
Read on coindesk.com
