Category: options

$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned

$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned

According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional) set to expire. 55K in Bitcoin Option Set to Expire, Deribit Carries […]

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An Overview of On-Chain Options in DeFi

Quick take Options are foundational infrastructure for any financial system, including DeFi. Trading volumes for options on cryptocurrencies like BTC and ETH have grown significantly in the last year, but the majority of this volume is on centralized exchanges.  Automated market-making systems have been extremely successful bootstrapping liquidity in swaps and lending, but have not […]

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Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy

Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot […]

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Aggregated open interest of Ethereum options reaches all time high 

Aggregated open interest of Ethereum options reached record highs on Thursday, according to data compiled by The Block Research.  The high sits at $3.57 billion, with Deribit constituting $3.39 billion (95%) of the total and the remainder from OKEx.  In all, the aggregated open interest of Ethereum options rose 393% this year from $755 million […]

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BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s […]

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Bitcoin futures and options trading volumes reached all-time highs in March 

Monthly volumes for bitcoin futures and options both broke all-time highs in March, according to data compiled by The Block Research.  Bitcoin futures volume reached $2.13 billion last month, or 1.90% larger than the previous high, which was recorded in January. The top players accounting for March’s bitcoin future volumes were Binance with 33.84% of […]

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Crypto derivatives exchange Deribit launches index for implied bitcoin volatility

Options exchange Deribit has launched a new index product focused on bitcoin volatility. Unveiled Wednesday, the Bitcoin Volatility Index, or DVOL, was debuted “with the purpose to launch futures on this index soon.” Put simply, such futures would allow traders to place bets on the volatility performance of the bitcoin market.  “This index uses the […]

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Crypto market maker B2C2 launches options and lending products

London-based crypto market maker B2C2 is making a push into options trading and lending following its acquisition by SBI Financial Services, the Japanese finance group. The options desk is not expected to begin trading until mid-2021. B2C2 currently offers cash trading against a range of cryptocurrencies, as well as contracts for difference, but said in […]

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Introduction to the Hegic Protocol

Quick Take Hegic Protocol is a decentralized, American-style, cash-settled options protocol that utilizes a peer-to-pool model Underwriting liquidity providers co-underwrite options and earn algorithmically-determined premiums paid by options buyers  HEGIC token holders can govern the protocol and earn settlement fees from options buyers This research piece is available to members of The Block Genesis. You […]

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Crypto exchange Bitso opens door to futures and options products with derivatives platform acquisition

Bitso has acquired Quedex, a Europe-based derivatives trading platform, the crypto services company announced Thursday. With the Quedex deal, one of the Latin American region’s most prominent crypto firms has moved to add significant technological heft to its toolkit as well as the ability to offer new kinds of products, according to CEO Daniel Vogel. […]

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