Top 10 Crypto and DeFi Predictions for 2023
1. DeFi options will explode in popularity when volatility returns
As we saw with Robinhood’s revenue in 2021, there is huge potential for revenue in the options trading space. Robinhood earned $363M net revenue from fees in 2021 ($52M equities, $48M crypto, and impressive $163M options),
However, for DeFi options to become mainstream, the user experience needs to improve and become mobile-friendly.
In addition, there is currently a huge knowledge asymmetry when it comes to options trading due to their complexity. This could translate into massive revenue for whoever manages to create a user-friendly and accessible DeFi options platform, similar to what Robinhood has done for retail option rading.
I am keeping an eye on projects like $RBN, $DPX, $LYRA, $HEGIC, and $PREMIA, but we are not quite there yet.
2. Growth of ‘Modular blockchain’ narrative
Modularity is a key concept for blockchains to finally scale, and I believe we will see a growth in this narrative in 2013.
Companies like Celesti…