derivatives

DeFi protocol Perennial launches with a $12 million fundraise (Unsplash)
DeFi Protocol Perennial Launches, Announces $12M in Funding
Polychain Capital and Variant co-led a seed round for the decentralized derivatives protocol.
DeFi protocol Perennial launches with a $12 million fundraise (Unsplash)

CDCROP: Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)
Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said.
CDCROP: Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)

CDCROP: Chessboard (PIRO4D/Pixabay)
Matrixport Favors 'Systematic Bitcoin Call Overwriting' Strategy for 2023
The approach involves owning bitcoin while selling weekly call options with strike prices above the market level.
CDCROP: Chessboard (PIRO4D/Pixabay)

CDCROP: Victoria Harbour from Peak Hong Kong, China - East Asia, Asia, Avenue Of Stars, Building Exterior skyscraper HongKong top view from the peak mountain Hong Kong skyline. (anuchit kamsongmueang/Getty Images)
Shuttered AAX Will Close Out Derivatives, Citing ‘Chance’ of Return to Normal
The Hong Kong crypto exchange hopes to be able to raise enough capital to reopen following a hack.
CDCROP: Victoria Harbour from Peak Hong Kong, China - East Asia, Asia, Avenue Of Stars, Building Exterior skyscraper HongKong top view from the peak mountain Hong Kong skyline. (anuchit kamsongmueang/Getty Images)

Average daily premium/discount in CME-listed bitcoin futures (Arcane Research)
Institutions Take Bearish Stance on Bitcoin, Create Arbitrage Opportunity
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.
Average daily premium/discount in CME-listed bitcoin futures (Arcane Research)

CDCROP: Rostin Behnam Commissioner of the Commodity Futures Trading Commission (Suzanne Cordeiro/Shutterstock/CoinDesk)
Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
The former LedgerX unit seems to be in good shape, Behnam said at a Chicago event, though its controversial application to directly clear customers’ derivatives trades was withdrawn.
CDCROP: Rostin Behnam Commissioner of the Commodity Futures Trading Commission (Suzanne Cordeiro/Shutterstock/CoinDesk)

U.S. Commodity Futures Trading Commission in Washington
FTX Withdraws US CFTC Derivatives Clearing Plan
The company previously submitted a plan that it hoped would allow customers to assess and respond to derivatives risks in real time.
U.S. Commodity Futures Trading Commission in Washington

Panic (Andrey Metelev/Unsplash)
Panic Grips SOL With Record Volatility and Massive Put Demand
An incoming supply deluge seems to have spooked investors in both the spot and derivatives markets.
Panic (Andrey Metelev/Unsplash)

CDCROP: A sign hangs outside the Cboe Global Markets, Inc. building in Chicago, Illinois (Scott Olson/Getty Images)
With FTX Bloodied, Rival in US Regulatory Fight Adds Another Knife
One of the traditional, regulated firms that has opposed an FTX effort to upend derivatives clearing – Cboe Digital – jumped into the drama by issuing a letter boasting about its safety measures.
CDCROP: A sign hangs outside the Cboe Global Markets, Inc. building in Chicago, Illinois (Scott Olson/Getty Images)

Sam Bankman-Fried in Washington
FTX’s Push for US Crypto Clearing Left In Suspense by Binance Deal
The fate of FTX U.S. Derivatives’ application for the authority to clear customers’ crypto transactions – a potential game changer in U.S. markets – is now unclear.
Sam Bankman-Fried in Washington