3. Crypto Derivatives and Market Making

Which of the following is NOT a wallet?

• Metamask

• Coinbase Wallet

• Ledger

• Binance

What is the category of this project: GMX

• Decentralized Exchange (DEX)

• Decentralized Perpetuals Exchange

• Lending Protocol

• Stablecoin

What is the category of this project: Centrifuge

• Real World Assets (RWA)

• Lending Market

• Decentralized Exchange (DEX)

• Derivatives

Which concept did OlympusDAO introduce?

• Liquidity direction

• Crypto lending

• Protocol-owned liquidity

• Perpetual futures

Which of the following is NOT a concept relevant to Curve Wars?

• Bribes

• CRV

• LPs

• RWAs

What's the current yield on stablecoins in DeFi?

• 0%

• 2-4%

• 5-7%

• 8-10%

Layer 3 question (assuming you followed the instructions and went on to do quests on L2s): what's a bridge?

• Bridges enable users to port assets from one blockchain or scaling solution to another

• Bridges allow users to lend on one chain and borrow on another

• Bridges enable users to trade token 1 on chain 1 for a different token 2 on chain 2

• Bridges enable users to deposit funds to centralized exchanges

Layer 3 question: assuming you learned how to do swaps on a DEX, what's the key difference with centralized exchanges?

• Instant execution

• There is no orderbook. Prices are algorithmic.

• You're being matched to trade with someone else

• The DEX needs to hold your funds to swap

Which of these solutions does Galaxy Trading NOT offer to its clients

• Crypto Spot Trading

• OTC Crypto Derivatives

• Crypto Lending

• Trading in Crypto Equities

Which of the following services does Galaxy NOT offer?

• Venture deal syndication through SPVs

• Crypto Custody

• M&A and Strategic Financing Advisory (Investment Banking)

• Venture Investing