If the words “derivatives trading” conjures up images of men in suits with disheveled white sleeves rolled up to the elbows and exacerbated expressions on their faces — like something out of The Big Short — then the word decentralized exchanges (DEXs) must conjure up, well, nothing.

The floor traders are not present in offices. There is no man wearing a suit, and no paper-waving floor trader. Platform participants can participate in mission-critical decisions and assist with managing DEXs automatically, semi-automatically. While DEXs can be a bright bulb for many and offer new possibilities, they may not be able to handle the demands of this year’s crypto market.