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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Sam Bankman-Fried: FTX & Project Serum – The World's First Decentralized Derivatives Exchange
Description: Alameda Research is a quant trading fund founded in 2017. Today it manages over $100 million in digital assets and trades $600 million to $1.5 billion per day across thousands of products: all major coins and altcoins, as well as their derivatives. Whilst running this fund, the team thought there was space for a robust crypto derivatives exchange build for traders which solves some of the issues they saw in derivatives trading. FTX is the crypto derivatives trading platform which came out of Alameda. In just under two years of existence, it has grown to become one of the top trading platforms for...