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$84.5bn in derivative volumes push DeFi yields to highest leve | DeFi, ICO and Invest News

$84.5bn in derivative volumes push DeFi yields to highest levels in two years

According to DefiLlama’s yield overview page, GMX or protocols that operate on top of GMX now offer four out of the top 10 highest yields for protocols that have at least $10 million in deposits. Perpetual futures, often referred to as perpetual swaps or simply “perps,” are a derivative contract that enables traders to bet on the future value of an asset indefinitely without an expiration date.

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