HD_Derive

@DeriveXYZ Best liquidity anywhere CeFi or DeFi for #HYPE options - it's amazing to see the support of @HyperliquidX community. 🫡🔥

SOL and HYPE options are now live on Stradle.xyz! See the best prices across venues before you trade.

Where's all the funding rate traders at? @DeriveXYZ @HyperliquidX @Aster_DEX @Lighter_xyz #HYPE #ETH #Perps #FundingRateArb

First big Cardano (yes you read that right, Cardano) options trade hit the tape on @DeriveXYZ today ~$5m call spread selling upside and collecting USD, collateralized with $ADA If you want market leading pricing for exotic options in size (this is a pilot), DM me

@deriveinsights @DeriveXYZ May 8th is shaping up to be an interesting expiry 🤞

Some sized flow on @DeriveXYZ this morning. 5 prints of 50x between 04:12 and 04:34 UTC. All May 8 calls, strikes $72K to $76K, all sold. Roughly $20M notional in 25 minutes. Spot was sitting around $81K the whole time. Worth watching how May 8 expiry plays out. Text by @derivativemonky

In Miami this week with @ksett13 - reach out if you’re: - Market making options / perps - Building onchain structured products - Integrating options trading into your product - A Derive power user - A friend There is much to discuss

@DeriveXYZ Agree with the anon trader. We are also about to run into one of the most common phrases in TradFi 'Sell in May and go away'. NFA

Volatility has been crushed across the board; ETH and BTC IV both halved in a month. One trader on Derive recently expressed: "The lower IV gets, the more asymmetric the payoff for buyers and the more exposed the sellers."

That's a wrap on April. • Crossed $25B total notional. Took 4 years to do the first $1B. • $1B+ in HYPE derivatives traded, much of it collateralized with HYPE. • Integrated Laevitas: institutional-grade analytics on Derive's onchain options flows. • Integrated TrueNorth: Options Intelligence now builds scenario-based trading plans from Derive data. • Integrated Optivi private beta live: a perp-DEX UX for options, powered by Derive. • Integrated Octav: track your options, perps, spot, and staking in one place. • Launched funding rate comparison page. • Launched ADA options on RFQ.

"Where does 200%+ APR come from?" @0xTindorr breaks down why people are mistaking leverage for yield. x.com/deriveinsights…

Good in theory but hard in practice. onchain money market's allocators profile are mostly "unbrokered", a large sum are Chinese whales who value sovereignty & coercion-resistance. almost all defi protocol when boos-trapped TVL targeted Chinese whales. Tether never pays yield since day 1 and proliferated in all the dollar constraints region for the same reason (and Tether is a most sustainable lender of last resort too, their rate is 5%+ SOFR) Intuitively onchain mmf should be somewhere above BBB but thats assuming 1) everyone have access to US capital market 2) we know the annualized probability p of total loss from a major exploit or systemic failure

Introducing d2Earn — Fixed Term Credit Yield This week we gave our analysis on the $290M of bridged LRT collateral that never should have been listed, and looped vaults bleeding carry at 1.01 health factors. ✅ Today we ship the opposite. A proper fixed term credit primitive. Fixed Yield (6% APR). Fixed term. Live overcollateralization. Verifiable on-chain in one click. Epoch 1 is live now.

Simple but valuable guide to selling covered calls on the leading onchain options exchange. #crypto #cryptooptions #optionstrading #yield #riskmanagement

@deriveinsights This is great - perfect timing as more coins are listed (BTC/ETH/HYPE/SOL/ADA already listed with more to come) and the 'hunt' for yield continues.

My now recurring posts on Funding Rate discrepancies (or in other words Opportunities). Also interesting to see BTC Funding rates turning negative on @Aster_DEX and @Lighter_xyz. app.derive.xyz/funding NFA #BTC #Bitcoin #Perpetuals #FundingRateArb @DeriveXYZ @HyperliquidX

Derive data is live! Come check out Hype option flows

@DeriveXYZ @laevitas1 Great to see Crypto Options ecosystem continuing to grow and mature 🫡🫡🫡 #BTC #ETH #HYPE #SOL #ADA #Options #Perpetuals

Excited to share that @laevitas1 is now tracking Derive’s onchain options data. You can track charts for individual instruments, monitor positioning, and access institutional-grade analytics on real-time options flows. 🔥

We have Hype options flow from @DeriveXYZ on: t.me/lvt_drv_tape

$10.53B in $BTC options expire on April 24. Across @DeribitOfficial, @Binance, @OKX, @Bybit_Official and @DeriveXYZ, this expiry has absorbed one of the more eventful months in recent memory. Geopolitical shocks, unresolved ceasefire talks, a major DeFi exploit, upcoming FOMC, and an upcoming Fed chair transition are all reflected in the expiry that settles Friday. Max pain sits between $72k–$74k across venues. With BTC trading near $78k, spot remains meaningfully above these levels heading into the final 48 hours. Conventional wisdom holds that price drifts toward max pain into settlement. That gravitational pull hasn't shown up this cycle, spot has moved away from max pain rather than toward it. Whether $72k holds into Friday or the call-heavy structure unwinds higher could come down less to options mechanics than to Wednesday's ceasefire outcome and the macro setup into next week's FOMC. Text and Analysis by: @DeFiDerivatives