Citing people familiar with the matter, Bloomberg reported that crypto derivatives exchange Deribit hired a financial adviser to "review opportunities" after attracting the attention of potential acquirers. The company invited Financial Technology Partners LLC (FT Partners) to participate in the potential deal, and cryptocurrency exchange Kraken has also expressed interest in participating. Bloomberg reported that Kraken is not moving forward with the acquisition and said Deribit could be valued...
Decentralized derivatives exchange dYdX tweeted that MegaVault TVL has topped $80 million.
The decentralized derivatives agreement dYdX community voted to allocate $4 million from the Treasury subDAO assets to support the eco-development initiative.
Symmio, a decentralized derivatives protocol, announced that it has completed a $3.10 million financing round, with investors such as Spartan Group, Orbs, MCLB and Blockchain Founders Fund investing about $2.10 million in it. MS2 Capital, GMoney and Prime Ventures are early investors in the company.
Digital asset derivatives exchange Deribit options unpositioned squaring contracts hit a record high on Thursday, with bitcoin and ether contracts reaching $37.60 billion and the total platform unpositioned squaring contracts reaching $40.80 billion. Luuk Strijers, CEO of Deribit, said: "The record high position volume not only reflects higher prices, but also indicates an increase in the overall adoption of options in the cryptocurrency derivatives space. Institutional investors and...
The decentralized derivatives trading platform dYdX has announced that it will launch an upgraded version of dYdX Unlimited in November, including a permissionless market launch, MegaVault (which obtains liquidity from dYdX users and acts as a market maker for all dYdX Chain markets), and an invitation program, the Affiliates Program. The official said that a series of other enhancements are expected to be launched in the coming months, including new integrations with popular wallets and third-p...
Decentralized derivatives startup SynFutures has launched "Perp Launchpad", the first tool platform designed to create a sustainable futures market that supports futures trading of any asset, including memetics. Built on the Base of Ethereum Layer 2, the platform is designed to provide market liquidity and risk hedging for new projects and passive rewards for liquidity providers. SynFutures also launched a $1 million grant program designed to support token demand and utility for new projects, in...
Citing a report by crypto derivatives trading platform Derive.xyz, Bloomberg reported that bitcoin's put and call options were evenly distributed throughout October, indicating that speculators were preparing for both a rising and falling trend ahead of the U.S. election.
Crypto derivatives exchange Bitnomial has announced the completion of a $25 million funding round led by Ripple Labs and the launch of its perpetual futures trading platform Botanical, which is currently in closed beta testing. The platform will offer investors a way to trade perpetual futures, traditional futures and options. Bitnomial CEO Luke Hoersten said the platform aims to provide a regulated and innovative trading experience and settle perpetual futures using Ripple's RLUSD stablecoin.
Decentralized derivatives trading platform Hyperliquid has released an incident report on Arbitrum's cross-chain failure, explaining why its cross-chain bridge went down on Monday. Its anonymous developer iliensinc said there was an "extremely rare edge case" where multiple RPCs (remote procedure calls) received erroneous data. The team is currently improving the monitoring process to prevent the same false positives from being triggered in the future. All user funds are safe.
The decentralized derivatives exchange dYdX has announced the completion of the v6 update, which includes on-chain tracking (market mapping) of listable markets, providing revenue sharing, separate vault parameters, and timestamp random numbers. The update was completed on September 24.
Crypto derivatives platform Cega noted in its latest Market Insights report that there have been fewer market events this week, but investors are generally focused on the next Fed meeting and expected rate cuts. Cega expects the market to remain range-bound in the coming weeks. Despite the calm in the market, BTC volatility remains slightly above the one-year average.
Crypto derivatives agreement Volmex Finance on Tuesday unveiled a new Implied Volatility Index for SOL tokens. The index is a measure of the expected price volatility of SOL. Volmex said the SVIV index measures the expected volatility of the SOL over the next 14 days, adding that traders can track the index to see the extent of potential volatility in the SOL price over the next two weeks, regardless of which direction. Volmex said it will eventually launch a longer-term S...
On September 4th, according to Trader T monitoring, institutional investment in Bitcoin and its derivatives was not active in August, with a rising sentiment of + 1.1x and a falling sentiment of -1.3x in the MSTR-BTC data. MSTR-BTC sentiment refers to the market's perception and expectation of a correlation between MicroStrategy (MSTR) shares and Bitcoin (BTC). Sentiment implies that the market is showing some degree of bias towards MicroStrategy's correlation with Bitcoin.
On August 30, according to CoinMarketCap data on August 30, the decentralized derivatives trading platform Kine Protocol ranked first in the decentralized exchange trading volume, with a daily trading volume of more than 1.20 billion US dollars. KINE is committed to providing a more user-friendly experience with zero gas and zero slippage. Based on its synthetic asset mechanism, KINE can launch DOGS, ZETA, JUP, MEW, LISTA and other popular currency contracts on the whole network for the first ti...