Derivatives
Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings
Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.
Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.
Growing Popularity of Cash-Margined Bitcoin Futures Suggests Crypto 'Liquidation Cascades' Might Become Rare
Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said.
CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
Chairman Rostin Behnam says the FTX proposal for directly clearing certain crypto derivatives without intermediaries is still being weighed and would mark a “significant shift.”
Bitcoin Options Traders, Burned by Last Month’s CPI Report, Now Seek Downside Protection
Investors seem worried the impending U.S. inflation report may inject renewed downside volatility in bitcoin and are preparing for the same.
Crypto Services Firm Luxor to Offer Derivatives for Bitcoin Miners to Hedge Risk
The new product will be based on “hashprice,” a term coined by Luxor to refer to the revenue miners earn from a unit of hashrate.
Crypto Derivatives Exchange PowerTrade Launches 'RFQs' for Institutional Options Trading
The exchange hopes to attract both institutional players and smaller traders with no minimum order sizes.
Interest Surges in Bitcoin Speculation, But It Might Be Bearish
Open interest in bitcoin perpetual swaps – a type of leveraged trading contract in cryptocurrency markets – has spiked to an all-time high.
Lido’s Staked Ether Surges Closest to Ether Since Terra Crash
The stETH derivative and its spread to ETH, a closely followed metric of the confidence in the Merge, sharply narrowed as Ethereum completed its technology transition without a hiccup.
Ether Futures Market Discount Evaporates After the Merge
The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge.
