Telonic

Quant, CC @derivexyz

[Telonic @TelonicID]

@adamscochran A month or two ago X was flooded with ads from the left-wing parties, primarily with blatant clickbait misinformation about the conservative candidate - though imo any type of political ads should be blocked, just pointing out it doesn’t seem partisan but rather a big oversight

[Telonic @TelonicID]

@guil_lambert I love the SPY analogy but I would’ve drawn an opposite conclusion - it’s the SPY investors that are too clueless about the IL they incur and they should pay more attention to the idea of “excess risk-adjusted returns”. Also Tax Man taxing people earning below RFR should be crime

[Telonic @TelonicID]

It’s an *option* on BTC with 5 year expiry and 500k strike. The premium is the lost interest due to lending at 0%.

I’m too lazy to do the math on whether it’s a good deal or not, but the headlines misinterpret this deal a lot. It’s a pretty cool trade you can’t make elsewhere.

[ELI5 of TLDR @eli5oftldr]

1/
MicroStrategy just convinced investors to pay $520,234 per Bitcoin

That's the biggest Bitcoin play I've ever seen:

[Telonic @TelonicID]

@fozzydiablo before fees

[Telonic @TelonicID]

@dillonlin_ @derivexyz @DefiLlama In other words, if you choose not to trade on @derivexyz you hate koalas

[Telonic @TelonicID]

@fozzydiablo he’d have trouble to KYC (you’d think at least…)

[Telonic @TelonicID]

@fozzydiablo Idk my legs go numb after 10, I bet usage will skyrocket if @elonmusk solves this

[Telonic @TelonicID]

@Sean241D Unbelievable

[Telonic @TelonicID]

People ask: “why vaults, I can do it myself with better pricing”.

No you cannot.

[Sean | Derive @SeanNotShorn]

@derivexyz vaults just executed 4315 x $2600 weekly covered calls at average prices ranging between $9.6 and $9.9 (Deribit best bid $9.4 for reference) 🔥

Huge week for LRT yield farmers 🧑‍🌾

[Telonic @TelonicID]

Back where I’m from, “looping” is called “fractional reserve banking”

[Derive.xyz @DeriveXYZ]

Lyra brings Real Yield to EigenLayer ⚡️⛈️🌪️
Deposit $weETH or $rswETH to earn:

+ $EIGEN
+ 10-50% APY
+ ETH Staking Rewards
+ 3x @ether_fi Points + 3x $LDX or
+ 4.5x @swellnetworkio Pearls + 4.5x $LDX

Deposit now → https://t.co/uTGnTgY0WX

[Telonic @TelonicID]

@quant_arb - starts with for object in iterable
- realizes a few min later “oh shit I need that index too”
- slaps an enumerate

Story of my loops

[Telonic @TelonicID]

@Sean241D @0xmjs Not this I hope 😳

[Telonic @TelonicID]

@merklepatricia_ @lyrafinance A call spread is like a cheaper way of making an “ETH goes up” bet (cheaper than just a long call). In this case it’s so cheap it’s free.

[Telonic @TelonicID]

Wanna make a risk-free bet that ETH recovers and hits $4150 in a week?

It does? You make $50. It doesn't? Nw @lyrafinance got it covered.

Look at this spready boi - buy 4100 Call and sell 4150 Call. ZERO margin required. LYRA rewards 100% cover your costs. Free real estate.

[Telonic @TelonicID]

@lyrafinance This one is supposed to be a fly spread btw: buy 3850, sell 2 of 3900, buy 3950

[Telonic @TelonicID]

@lyrafinance Got another one for you: ETH between $3850 and $3950 - win up to $50 (max at $3900).

Rewards are literally greater than the cost. ZERO margin required. The only way you lose is by not taking the bet.

[Telonic @TelonicID]

@lyrafinance It’s not wash trading if you’re creative 😏

[Telonic @TelonicID]

@alpinechicken @nickforster @andrewjleone @danrobinson @Sean241D Fair enough, fwiw both float vol and time-T markers would be lots more efficient if you can stat arb them in one place :)