@jakeclaverqfop: THE DERIVATIVES MARKET IS BETWEEN 400 TRILLION AND 4 QUADRILLION DOLLARS. Nobody, including regulators, actually knows. It's a bet on a bet on a leveraged bet using the same treasuries as collateral. Every major bank is in it. The only way to quantify the risk is to move it on-chain. That's why the move to blockchain settlement isn't optional. It's the only way anyone ever sees the real picture. What's your take on derivatives moving on-chain?