Derivatives

Binance Extended Crypto Exchange Dominance During May Trading Frenzy
Binance led competitors in May with a monthly trading volume of $2.46 trillion, up 49% from April levels.

Open Positions in CME-Based Bitcoin Futures Slump to 5 1/2-Month Low
Open interest in the CME's standard bitcoin futures contract has hit the lowest since mid-December.

Bitcoin Options Market Faces Smallest Expiry of Year – But It Could Still Drive Volatility
"Max pain" for the May expiry is $50,000.

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered
The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

Polkadot-Based Derivatives Exchange Raises $6.4M at $50M Valuation
Su Zhu’s Three Arrows co-led the funding round for dTrade. The project looks to decentralize crypto derivatives trading.

Dfinity's ICP Token Price Goes Live on Coinbase Pro
The launch of the Dfinity project's internet computer (ICP) token on Coinbase Pro instantly makes it one of the largest cryptocurrencies.

Crypto Futures Saw Record $10B Worth of Liquidations on Sunday
Record futures liquidations show leverage was excessively skewed bullish.

JPMorgan Says Bitcoin ETFs Could Shrink CME Futures Premium
"Launching a bitcoin ETF in the U.S. will be the key to normalizing the pricing of bitcoin futures," according to JPMorgan.

Q1 2021 Industry Trends: Institutional Interest in ETH Ramps Up
These three events and two metrics show how ether markets are maturing.

Traders Opting for Cash and Carry Strategy as Bitcoin's 'Contango' Widens
Cash and carry traders seek to profit from the spread between bitcoin's price in futures and spot markets.

