Moby Dick 🎩

Strategy Consultant turned Degen 🃏
BD Lead at @Moby_trade by Day, Bull & Bear Fighter by Night 🥊

[KnightSafe @KnightSafeTeam]

KnightSafe and @Moby_trade are pleased to announce a joint partnership whereby KnightSafe will integrate Moby's DEX and other tech solutions, allowing users of both protocols to benefit from greater access and product diversification.

Led by a team with extensive experience in finance, blockchain, and data science, Moby is an on-chain options protocol that offers an optimized trading environment based on its pioneering SLE (Synchronized Liquidity Engine) and Dynamic Risk Premium model, enabling real-time accurate pricing, narrowest spread in the market, abundant liquidity, and Robinhood-class UI/UX.

KnightSafe is a non-custodial DeFi asset management platform that allows investors to access and subscribe to strategies in a zero counterparty risk environment.

[idan.eth @PortalIdan]

Hey CC, @GrixFinance's Arbitrum's DeFi Options API is now LIVE! 🚀

What's currently included:
• Real-time options pricing across protocols
• Expiries, Strikes, etc
• One API to rule DeFi Options.
• Potential arb opportunities

We need your assistance!

This is just v1; we need feedback.

Developers, traders, options masters — let's build together.

Help us refine our infrastructure! @GrixFinance

#BuildingInDeFi #OptionsRevolution

@Moby_trade @PremiaFinance @archetype @lyrafinance @ryskfinance @ThetanutsFi @arbitrum

Submit your email at - https://t.co/XgaMVzh7BR, and we'll mail you instructions.

[Moby @Moby_trade]

We're thrilled to announce our collaboration with @GMX_IO, the leading #Perps DEX on @arbitrum and @avax

Together, we're bringing robust liquidation risk protection to perps traders from GMX🫐

[Ching Tseng @chingtsengtw]

Welcome to the @AppWorks family! @pepe_the_oracle & @MobyDickOptions

#AppWorks #Accelerator #Blockchain #Web3

[Moby @Moby_trade]

🚨Exciting News🚨
Moby joins @AppWorks Accelerator #29!

AppWorks is a leading global VC based in Taiwan whose portfolio spans from Web2 to Web3. Taiwan serves as one of the key retail markets for Moby.

FYI retail options volume in TradFi takes up 50% of the market share in Taiwan 👀

We are delighted to work closely with AppWorks to drive mass adoption of crypto options together! 🔥

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

EthCC takeaways #69420 - Beras In Control

Not gonna yap about overall crypto trends. This one is for the beras.

EthCC was the most exciting event to date for the Berachain community, because we really got to see the results of the network effects that have been percolating for the last couple of years.

There were 7 absolutely packed events happening in the Berachain community (that I know of) last week. The core team only helped organize 2 of them - Beracademy and ZuCastle (but this one was all @alyriadefi @0xRodney and friends).

Everything else was an organic byproduct of the community.

I got to hear stories about @BeraMVP breaking ankles at hoops with @calitoshi_nct and the Nocturnal gang, saw @puffpaw @ramen_finance and @Beramonium drawing a huge eco crowd (including the homies @LucaNetz and @0xChar) to stare at the magic vape, danced till 4am to some breakcore & DnB with @babyberafinance, @lordpemby, the @berabaddie gang and @defidave (still looking for his future wife), and then made a fool of myself at reggaeton / latin sounds night with @shogunfi, while the baddies pre'd with a PoL-heavy brunch.

I was chatting with @jackmelnick_ and @homme0x about this at one point during the conference - I truly believe that Berachain is a one-time, lightning in a bottle type event. I don't think that Papa and I could recreate this sequence of events if we wanted to, and I wouldn't have it any other way.

This comes from a number of factors. We're fortunate to be armed with a killer ecosystem team who puts in the work to ensure that no builder is left behind, and anyone who wants to learn more or build on Berachain is armed with the resources to do so. And the core team is bolstered by a growing army of community evangelists, this social validator network that helps bring more and more folks to Berachain - from the Discord OGs of 2021/22 to incredibly enthusiastic teams who have joined the eco recently and rep it to no end.

We've been blessed with a uniquely positive, very ridiculous and silly yet brilliant community, fueled by what I called a Culture of Retarded Excellence. They're friendly, welcoming, and most of all, they really do care.

I think that's been the biggest realization for me - maybe it's just cope, and everything goes away the moment a token goes live if the market doesn't like us (a very possible outcome, to be clear).

But I also had the pleasure of speaking with @zxocw about how "trauma-bonding" builds resilient communities, especially within crypto. Bitcoin had Mt. Gox. Ethereum had the DAO Hack. Solana had FTX.

We've had...not launching for 2 years - the talking heads on Twitter love this one. And honestly, it's fair criticism.

And even though Berachain has been not real for much longer than intended, I believe (or happily cope) that we're stronger than ever as a result of it. I don't believe that any other pre-launch ecosystem in existence (or in history) has had such a deep and expansive application ecosystem to serve users when we go live - and I think it actually outclasses a number of live chains' as well.

Beyond this, I'd rather have a community of thousands of die-hard zealots who waited years for something massive, and live and breathe Berachain, than hundreds of thousands of Discord grinders and airdrop farmers and people completing spicy quests in hopes of farming alpha.

Because I know that each and every one of those zealots and builders who've waited for Berachain instead of hopping to the next trend will put way more genuine effort into spreading the good word, growing the culture and ethos that's been built, and helping to attract like-minded people who can cause these effects to compound in a manner that can sustain for years to come.

The toughest thing in crypto (beyond distribution) is finding a way to make people give a f**k.

I'm probably a hopeless optimist, but I believe that from the ecosystem events, and the people I met in the broader Berachain orbit, I saw many a f**k given.

I'm incredibly excited to see how the ecosystem continues to excel over the months to come, and how the community grows alongside it as we head into mainnet this year.

Believe in something. Believe in the Beras.

Ooga booga.

[Moby @Moby_trade]

BM.
********************************************************
| Contracts Deployment: ▇▇▇▇▇ (100%) |
| Backend Development: ▇▇▇▇▇ (100%) |
| Frontend Development: Ooga Booga (🐻%) |
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Soon, Beras can trade the REAL On-chain #options on @berachain

A.K.A The Cheapest Price & Deepest Liquidity

[Moby Dick 🎩 @MobyDickOptions]

@thedefioptions Love seeing this! Where do you mostly trade options? Wondering what an active options trader's preference is

[Oscar @TheDeFiExpress]

The total value locked (TVL) in option protocols has skyrocketed from $50M to $250M since the beginning of 2024.

Interest in DeFi options is booming... and this is just the beginning. 🚀

#DeFi #CryptoOptions #OptionsTrading #Crypto

[Moby @Moby_trade]

The wait is over! Whales🐋

Get ready for a new paradigm in 0DTE options trading with Moby’s Volatility Prediction Market launch!🚀

Experience unmatched leverage and simplicity with ‘0DTE’ on @arbitrum Mainnet!🔥

Just predict the market movement and bet accordingly 📈📉

🎉 We’ve got a special event lined up – stay tuned and don’t miss out!

https://t.co/MeVQCQJJaR

[D2 Finance @D2_Finance]

Berachain is a BOptions Chain: D2 Finance and Moby Partnership

This marks a significant milestone in enhancing D2 Finance’s scalability & effectiveness of its tokenized derivatives strategies, leveraging @Moby_trade unique options trading engine

https://t.co/qKMBdk3Cep

[Dirac Finance @DiracFinance]

Bm! 🐻✨ Today is the bery great day we've all been waiting for! The Dirac testnet campaign on @Berachain is officially launched! 🚀

Check out details on this testnet campaign and how to maximize your airdrop points below ⤵️

[Moby Dick 🎩 @MobyDickOptions]

@GrixFinance and @Moby_trade are going to make trading options look easy together. Notice how Moby's price is always included in the arbitrage trade? Moby offers the most competitive options prices in the market.
Go check it out
--> https://t.co/msH9stSwZs

[Grix Intern @GrixIntern]

🚀 Grix Intern Thread: Capturing Options Arbitrage in DeFi 🚀

1/ Grix, the DeFi options aggregator, brings you cutting-edge options trading strategies. Today, we’re diving into the world of options arbitrage! 💹 #OptionsTrading

[Moby Dick 🎩 @MobyDickOptions]

🐳 🤝 🐻

[Moby @Moby_trade]

Did you know Whales and Beras are best friends? 🐳🤝🐻

Moby’s coming to @berachain to strengthen the friendship once and for all 🐻⛓️

To become the best-fit Options Protocol for #Berachain’s DeFi ecosystem, Moby will collaborate with Beras to create a powerful synergy🍯

With $1.1B in trading volume, Moby is scaling new heights and will bring unparalleled options trading experience to Berachain🚀

OOGA BOOGA!

[Nicolas | Gallet Capital | The Trading Alpinist @TradingAlpinist]

#Tradeidea fur June 2024: generate over 50% APR building a Synthetic USD position using @ipor_io (very low risk quasi delta neutral position) using the wstETH mining function powered by IPOR staking on Arbitrum

As I am about to take my fat summer holiday, I am looking at diversifying my delta neutral positions for easy, safe and high APR while not looking much at the screens.
And it is raining yields currently on IPOR.
Liquidity mining on IPOR V2 using Arbitrum currently provides amazing opportunities, boosted by IPOR's LTIPP summer campaign distributing 112,500 $ARB, Lido incentives of 4 $wstETH and 142,000 $pwIPOR.

The trade I am about to describe is similar to Ethena synthetic USD in its logic but the return is much higher and most importantly certain, it embeds a great upside for even higher return, and importantly the centralization risk divided by 4 in comparison to Ethena. In more details, in this trade you will earn cumulatively :
the power of IPOR staking,
the ETH staking rate,
ETH contango rate,
LTIPP ARB incentive
Lido wstETH incentive
pwIPOR incentives

This is for education purpose only, I will make it simple, up to you to decide if you are a Ethena crowd moron or a smart DeFi user.

My current portfolio of passive yield generation includes Pendle PT positions on uniETH and rzETH, Spot vs dated futures basis, opportunistically spot vs perps in GMX (synthetic decentralized USD) and the whole portfolio currently runs at around 43% APR daily. In short the bar is high for diversification, but this trade idea fits the league and will likely stay in the portfolio for the coming year.

The problem: finding the right allocation of $IPOR to delegate against a $ETH staked position (zapped in $wstETH )and hedged by $ETH dated futures to enjoy a delta neutral position on ETH and an extra premium on the basis between spot and dated future.

I have computed the best capital allocation that minimize volatility of the portfolio.
my finding for a capital of $10k
$2310 or 23.1 % in $IPOR to be staked in delegated pwIPOR
$5380 or 53.8% in $ETH to be zapped in staked ipwstETH
$2310 or 23.1 % in $ETH to place as collateral in Deribit
a short position of $7690 in 26jul deribit future contract

in another words, a portfolio composed of 23% IPOR and 77% synthetic USD for at least 50%APR

You do not need to go to a staking platform to generate your wstETH using your ETH, IPOR does it for you using their Zapping function. And that s a blessing, as the whole trade would be tedious to put in place on your own. I have just adjusted the cursor on their dashboard for the desired USD equivalent balances of ipwstETH and pwIPOR after zapping.

Obviously a directional position on $IPOR is inevitable, but
1/each IPOR upgrade is a major support for its ecosystem, and IPOR FUSION looks like a major disruptive innovation in the Asset management space.
2/ when your capital allocation in IPOR is 23% while the APR is over 50% on your capital, it does not really matter where $IPOR is going, I will still secure a fat return even if $IPOR underperform. Nevertheless, optimizing the risk/rewards of such a position still makes sense. The volatility of the trade is diluted enough, such as using a z-score model, the probability to lose money from the direction of $IPOR over the coming year is near zero.
3/ The beauty of the IPOR tokenomics lies in the virtuous circle embedded within the model. While I do not claim to possess the same brilliance as the minds behind it, my implementation of numerous trades based on empirical modeling has shown that the proportions are usually similar, with 20 to 25% in IPOR tokens supporting a delta-neutral position. This low percentage effectively dilutes the risk of the entire high-yield strategy, significantly enhancing the token's utility in generating such yields. Thus, the model inherently supports a virtuous circle.

To create the synthetic USD position, I have neutralized my $ETH exposure by selling futures value 26july on Deribit for the same ETH notional with a x3 leverage. The contango (difference between future price and spot price) is really amazing right now at 16% APR without leverage. A more conservative leverage would not affect the potential of the trade, but x3 leverage for such a shot tenor on futures is fine, i expect in fact this spread to widen more in the short run, so I will probably roll against the next futures dates opportunistically later on. [ note: When @cvex_xyz will go live, I will be able to do the whole strategy fully in DeFi, avoiding the CEX risk. The Synthetic USD will be fully decentralized at that point, i will not rely on a Bahamas or Seychelles moronic traders to sit on those massive derivatives positions praying they understand what risk and collaterals mean, it will be finally programmatic]

I optimized the proportions of my engaged capital (IPOR + stETH + collateral on Deribit) against the volatility of such a portfolio. As usual I use annualized ATR as a less conservative estimation of real volatility. Generating roughly 50+% with a return/risk ratio of 3.3
I am probably a bit aggressive on my weights ratio, emphasizing on the virtuous effect of the IPOR tokenomics. A safer statistical bet (higher risk reward ratio) would eventually favor a lower proportion of IPOR in your combo (17% of IPOR allocation for risk reward of 4.25 and minimum return of 48%). I attached my model results to adjust the IPOR allocation to ones risk appetite
I made the assumption that 25% of the ARB incentive and 100% of lido incentive will be dedicated to that pool. And still I did not factor in my computation : the pwIPOR inventive as an extra bonus on top, and the few extra percent from ETH staking rates. 50% looks like a base case

As usual, get your parents guidance and surveillance

#APR #passiveyield #IPOR #liquiditymining #Staking #iporfusion #wstETH
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[Moby Dick 🎩 @MobyDickOptions]

It's not too late to learn crypto options. Options will help you navigate through the volatile crypto market safely without having to worry about liquidation every second

[Moby Dick 🎩 @MobyDickOptions]

Love seeing @Moby_trade's quote at the top for almost every option 🔥🔥

[idan.eth @PortalIdan]

@GrixProtocol is unifying the #DeFiOptions fragmented market and building the standard ✅

[idan.eth @PortalIdan]

@GrixProtocol is unifying the #DeFiOptions fragmented market and building the standard ✅

[Moby Dick 🎩 @MobyDickOptions]

@harshit979 @lyrafinance I agree @lyrafinance is a fine choice. However, considering you got the data from @Moby_trade, why don't you give Moby a chance? If you like the experience, I can give you the highest tier for rebates :)

[Moby Dick 🎩 @MobyDickOptions]

POV: Options newbies learning options on Moby's Testnet here: https://t.co/MYJEG3466x

FYI you can ask for faucet in our discord: https://t.co/syIFe3Yohp