Great discussion at @TaipeiWeek with @KronosResearch, @GSR_io, @oracle_opz & @LydianLabsLLC
We explored #AI's vital role in #DeFi GTM for community building & data insights. As we build for efficiency, itβs clear #options & liquidity provision remain competitive yield sources.
"believe in somETHing" β¨ is why we build.
We're celebrating @ethereum 10 years with the strong communityπ
What do YOU believe in for the future of #ETH? Let us know belowπ
"believe in somETHing" β¨ is why we build.
We're celebrating @ethereum 10 years with the strong communityπ
What do YOU believe in for the future of #ETH? Let us know belowπ
"believe in somETHing" β¨ is why we build.
We're celebrating @ethereum 10 years with the strong communityπ
What do YOU believe in for the future of #ETH? Let us know belowπ
"believe in somETHing" β¨ is why we build.
We're celebrating @ethereum 10 years with the strong communityπ
What do YOU believe in for the future of #ETH? Let us know belowπ
"believe in somETHing" β¨ is why we build.
We're celebrating @ethereum 10 years with the strong communityπ
What do YOU believe in for the future of #ETH? Let us know belowπ
"believe in somETHing" β¨ is why we build.
We're celebrating @ethereum 10 years with the strong communityπ
What do YOU believe in for the future of #ETH? Let us know belowπ
#BTC ATH are you on this Vol wave yet, you can always begin with Zomma or start your #DeltaNeutral journey with us ππ» https://t.co/7unbNbbFPa
#BTCoptions
Massive delta in BTC options!
The total delta of BTC options (crypto-native + ETFs) has surpassed $9B, with total open interest reaching $43B.
Option market makers are actively hedging this delta exposure, driven by substantial new positions and notable shifts in strike pricing.
BTC Options Market Update (Apr 23, 2025 β 10:45 ET)
Price and Volatility
β Spot BTC: $93,227
β IBIT: $52.99
β BVIV (BTC Volatility): 53.67
Open Interest (OI): IBIT ETF options now represent roughly 55% of Deribit BTC OI, underscoring TradFi's rising appetite for BTC exposure via options.
β Deribit BTC options: $27B
β IBIT options: $15B
Option Delta: Option deltas have increased to record levels as open interest grew and strike deltas shifted significantly.
β Deribit BTC: $4.6B
β IBIT: $4.2B
OI-Weighted Strike Price: Crypto-native option traders are positioning more bullishly than those in TradFi.
β IBIT: $106,416 (BTC equivalent price)
β Deribit BTC: $125,712
Average Expiry (OI-weighted): The average expiry of BTC ETF options became even longer-dated compared to prior weeks.
β IBIT: Sep 11, 2025
β Deribit BTC: Jun 25, 2025