Synthetic Derivatives in DeFi Explained | Derive, Synthetix, Polynomial, gTrade, GMX

Want to trade futures without a centralized exchange? Welcome to the world of synthetic derivatives in DeFi — where you can build long and short positions, options, and more using protocols like Synthetix, Polynomial, Derive, GMX, gTrade, etc.

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In this video, we break down:

⛓️ What are synthetic derivatives and how do they work
🔧 How to construct leveraged positions without custody
📈 Best decentralized perpetual trading platforms
🧠 How pricing, oracles, and slippage impact your strategy
💣 Major risks in synthetic markets (smart contracts, oracle delays, etc.)
🛠️ Visual step-by-step: How to build your own synthetic option

Whether you're a DeFi veteran or new to decentralized trading, this is the ultimate guide to mastering the next frontier of on-chain derivatives.

🔍 Platforms Covered:
Synthetix | Polynomial | Lyra | GMX | gTrade | Hyrotrader

🔥 Chapters:
+Why Synthetic Derivatives Matter
+What Are Synthetic Derivatives?
+Building Positions: Longs, Shorts, & Options
+Top DeFi Platforms (GMX, gTrade, etc.)
+Understanding Oracle Pricing & Risks
+Step-by-Step Strategy Flowchart
+How to Get Started

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#OnChainFutures
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#gTrade
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#Derive (formerly Lyra)
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