Everything You Need To Know About NFT Derivatives
Although the emergence of derivatives may help diversify the NFT market, not all derivative NFTs are created equal.
Huobi 2022–2023 Annual Report: Crypto Market Bottom in Early 2023
The Non-fungible token (NFT) bubble seemed to have busted as its number of active users fell by 88.9% and the total market cap declined by 42% from a high of $35 billion to $21 billion.

