Derive.xyz (@DeriveXYZ) / X

Derive.xyz

3,104 posts

Derive.xyz

@DeriveXYZ

Derive (prev. Lyra) | The Leading Onchain Options Platform w/BTC, ETH & HYPE. Deep liquidity. Seamless onboarding. Lowest fees. Institutional-grade custody.

Onchain

Joined February 2021

Pinned
Derive.xyz
@DeriveXYZ
Jun 19
HYPE options traders still want upside. Across expiries through September, calls outweigh puts by more than 2x. The biggest position is the June 26 $80 call, with upside strikes still active into September. Max pain for June 26 is if $HYPE sits at $60. Source:
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Derive.xyz
@DeriveXYZ
11h
Thoughtful coverage from @JustDeauIt and @the_defi_report on Derive and the evolution of onchain derivatives. Options are how onchain markets evolve from enabling directional bets to actually pricing and transferring risk.
Michael Nadeau | The DeFi Report
@JustDeauIt
14h
Replying to @JustDeauIt
thedefireport.io/research/the-w…
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Derive.xyz reposted
Nick Forster | Derive
@nickforster
Jun 18
Yes, few realize that for 99% of assets (stocks, commodities, most crypto) your natural rate on lending is effectively 0. In trad markets you can get paid to loan stock for others to short, but unless there's a ton of demand relative to supply (e.g. a big PIPE unlock upcoming),
Nico | supernova.vision
@nicoypei
Jun 17
While attending @Morpho's incredible Vault Summit at NYSE 2 weeks ago, a LP with 10-fig allocation complained about how vaults today are mostly doing very similar & simple things: > lending against cbBTC, WETH, wstETH etc blue-chip assets > the top 12 markets on morpho accounts
5.3K
Derive.xyz
@DeriveXYZ
Jun 17
Weekly Buyback #71 Complete 360,096 DRV was purchased at an average price of $0.10. Derive DAO has bought back a total of 25,537,708 DRV. Buybacks are allocated 35% of protocol fees.
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Derive.xyz
@DeriveXYZ
Jun 17
Monster HYPE options print 150,000 contracts per leg. Long call condor on $HYPE. $43.9M notional. Filled on @DeriveXYZ via RFQ. Derive is the only place where you can trade options permissionlessly in size.
14K
Derive.xyz
@DeriveXYZ
Jun 17
Strategy: A long call condor. Max profit if HYPE expires between $68-$72. Capped losses on both sides. At spot $74.17, HYPE is trading above the profit zone; the trader is expecting a pullback below $72 by June 19.
4.7K
Derive.xyz
@DeriveXYZ
Jun 16
This guy gets it. A trader deposited 74 $HYPE, used it as collateral to trade options and has generated 4% in a couple weeks. Eventually he'll convert his yield from USDC and stack more $HYPE.
29K
Derive.xyz
@DeriveXYZ
Jun 16
New $HYPE options read from @0xTindorr. The piece looks at what options data is showing as HYPE retests its ATH, including where traders are active, how the market is pricing the move, and the levels to watch.
Derive Insights
@deriveinsights
Jun 16
Article
The Options Data Says $HYPE to $80. Here Are 3 Ways to Trade It.
Text and Analysis by: @0xTindorr HYPE is back within striking distance of its all-time high. Here are three ways to position into the run, from cautious to aggressive, and what the options data says...
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Derive.xyz
@DeriveXYZ
Jun 16
ETH is moving higher as geopolitical risk comes off, but what are sophisticated traders doing? Most options positioning is in June 26 and July 31, with upside activity from 2k all the way to 3k+. The key level is 1.8k, where traders are short a lot of put exposure. So traders
12K
Derive.xyz reposted
Nick Forster | Derive
@nickforster
Jun 15
Options markets implying ~10-15% chance of $100 $HYPE by end of July Think that's too low? Buy the calls at $1.50 per HYPE. If HYPE doubles by the end of July that's a 23x with no liquidation risk. Think that's too high? Take the other side by selling the calls and collect
36K
Derive.xyz
@DeriveXYZ
Jun 15
Derive options are now accessible through @ArcexApp, with support for Builder Codes! Arcex is a mobile-first trading app that lets users execute options directly from their phone.
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Derive.xyz
@DeriveXYZ
Jun 15
For many options traders their positions rarely exist in isolation. Arcex gives mobile traders a way to manage perp positioning while routing options trades to Derive as the execution venue. Download the app at arcex.app
749
Derive.xyz
@DeriveXYZ
Jun 14
Another insightful piece from @0xTindorr who breaks down the put wall, what the options market is pricing, and a few ways traders can play it depending on their view. $60K is the level for BTC right now.
Derive Insights
@deriveinsights
Jun 11
Article
BTC Is Sitting on a $1.2B Put Wall. Here Is Your Options Playbook for $60K
Three structures for three convictions, priced off the live Derive platform. Text and Analysis by: @0xTindorr The Setup: Why $60K Is the Line The first week of June flushed the market. Over $5.3...
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Derive.xyz
@DeriveXYZ
Jun 12
Options yields are durable because their underlying demand is always there: uncertainty. Investors want to hedge against outcomes they cannot predict. Miners want to protect revenues, funds want downside protection and treasuries want to cap risk. Every one of these
11K
Derive.xyz
@DeriveXYZ
Jun 11
Well played to one of our traders for using an ETH put spread through last week’s turbulent market. He opened more than 1,700 put spreads as the market dipped, buying the $2,000 put while selling the $1,800 put to reduce the cost. While the profit is capped compared with
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