●• Integration with tax tools cited as a remaining hurdle for full adoption
●• Monad ecosystem check shows some lending protocols like Curvance are not yet deployed
Community discussions have surfaced regarding the increasing usability of on-chain derivatives platforms, with some traders suggesting that seamless user experiences are reducing the reliance on centralized exchanges (CEXs). The integration of these platforms with tax calculation tools remains a key factor cited for potential full adoption.
In the specific context of the Monad ecosystem, market participants are actively evaluating the landscape of native applications. Early checks reveal that some expected lending protocols like Curvance are not yet deployed, while others currently maintain low Total Value Locked (TVL).