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Nick Forster | Derive

@nickforster
cofounder and CEO @DeriveXYZ
Joined June 2015
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    Nick Forster | Derive
    @nickforster
    Mar 11
    The vision for Derive - which a lot of people get wrong - is not just onchain Deribit. We’re building the infinite payoff factory: any payoff, on any asset, 24/7. Tailored yield generation, hedging, and speculation at institutional scale that can wrap around any high quality
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    Nick Forster | Derive
    @nickforster
    5h
    Options markets implying a 1 in 20 chance that $HYPE is above $120 by the end of Sep (+50% from here). The Sep 25th $120 strike call is trading ~$0.95. Think that's too high? Sell the $120 call with $HYPE or $kHYPE collateral and earn ~14% in USD premiums annualized Think
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    Nick Forster | Derive
    @nickforster
    Aug 21
    Derive trade tape is flying with traders repositioning for the new market regime. A couple trades that can be put on Derive right now (NFA): 1) $ETH Christmas calls: $2500 strike priced at $260, can make nearly a 10x if ETH at $5,000 by Christmas (money back if ETH >2750) 2)
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    Nick Forster | Derive
    @nickforster
    Aug 20
    $166m in 24 hour volume $60,000 in fees over the past 48 hours $1.92B OI Expected things to pick back up come September, but nice to be ahead of schedule
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