No Summary provided as the original text is short
- Derivatives: Financial contracts that derive their value from an underlying asset, such as a cryptocurrency, rather than having value of their own.
- Inverse Derivatives: Futures or swaps where the collateral and settlement are denominated in the underlying cryptocurrency (e.g., BTC) rather than a stablecoin.
- Spot Market: A financial market where assets like cryptocurrencies are traded for immediate delivery and settlement.