FTX attracted traders, liquidity, and top VCs for a reason.
They offered great products that made it easy to trade crypto.
But now we have truly self-custodial Web3 products transparently built for every degen.
🧵👇 —
2/ Let’s be clear. You do NOT need a CEX to trade crypto.
In Web3 you'll find any product without needing to trust anyone but yourself:
✅ Spot ✅ Futures ✅ Leveraged tokens ✅ Volatility tokens ✅ Tokenized stocks ✅ FX ✅ Options
Time to get off of CEXs for good with these dapps 👇
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3/ Decentralized spot trading
Trade anything on DEXes, 1inch.io , 0x.org and smart wallets like Zerion.io
Even in the bear, weekly DEX volume is $23 billion dune.com/hagaetc/dex-metrics
🧘 Use dex.guru for advanced orders and data
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4/ Decentralized futures on Ethereum — dydx.exchange
Trade 37 pairs, incl. $DOGE, $TRX, $DOT with up to 20x leverage and zero fees.
Earn trading rewards in $DYDX and take part in trading competitions.
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5/ Decentralized futures on #Arbitrum — gmx.io
Trade futures contracts for $ETH, $BTC, $LINK, and $UNI with up to 30x leverage.
Or become a GMX LP and earn ETH fees from trades.
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6/ Perpetuals on Optimism — perp.com
Trade 17 pairs incl. coins like $NEAR, $ATOM, $FLOW, and $SOL
Or market-maker using advanced settings or automated strategies with the likes of dmo.finance and decommas.io
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7/ Leveraged tokens on ETH and Polygon — tokensets.com
Trade 2x leveraged tokens for ETH, BTC, and MATIC by indexcoop.com ($DPI)
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8/ Volatility tokens on-chain
Check out Crypto Volatility token CVOL on Polygon by cvi.finance and coti.io
Or ETHV and BTCV volatility indexes by volmex.finance
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9/ Forex markets — synthetix.io
Trade synthetic FX sEUR and sINR with kwenta.eth.limo on #Optimism
Even more fiat synths live on mainnet Ethereum.
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10/ Decentralized ETH options — squeeth.opyn.co
Get perpetual exposure to ETH² with oSQTH.
You can even trade it right in Zerion to scratch your gambling itch: app.zerion.io/tokens/oSQTH-0xf1b99e3e573a1a9c5e6b2ce818b617f0e664e86b
🧵👇 more in the comments
12/ Decentralized options on #Optimism — app.lyra.finance
Buy and sell calls and puts for ETH, BTC, and SOL.
Or provide liquidity in vaults to earn fees and $OP 🔴 rewards.
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13/ Reminder: all of this is risky!
This thread is not financial advice.
Web3 and DeFi are inherently unpredictable and you should DYOR.
But at least with decentralized tools, it’s all on chain with full transparency ⛓️