The trade tape is all $HYPE right now.
After today's move, traders are selling June 60 puts and 60 calls, while Sep flow is centered around 65 calls with 55/75s sold against it.
People are positioning for HYPE to hold this range with some upside.
this is huge. the US is reclaiming the #1 spot for open source AI models with NVIDIA's new nemotron 3 ultra
its only a 550B model yet it beats chinese models kimi and qwen, the secret is in how nvidia designed it:
-> it's built to excel with ai agents. coding, deep research, long horizon tasks are all enabled by it's agent architecture
-> works out-of-the-box for agent harnesses like hermes from nous or open claw. developers can create specialized agents for whatever task
-> 30% lower cost at 5x faster inference, if you're a business burning through claude/codex tokens this is likely a competitive alternative for 50%+ of your work.
not to forget - all engineered for nvidia chips. smart distribution plan, if this model gets adopted then more gpus get sold.
been working on something dope for quite some time & I'm excited announce the launch of our crypto options analytics platform :
https://t.co/u0lmtU5fUu
No Login or Payment Required. It's completely free to use!
will explain in tweets below what it does below & how it works👇
Strands has officially crossed $𝟓𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in total notional facilitated and tokenized.
The speed of change in capital markets is often underestimated until it becomes undeniable.
When you build a stack from the ground up designed for multi-asset execution and tokenization at institutional scale, you are not just building a product. You are building the infrastructure to catalyze an inevitable shift in capital markets and agentic finance.
If you are interested in having a conversation on how we can enable your institution’s next generational opportunity, please reach out.
One stack. One API. Infinite scale.
Strands · Capital Markets Infrastructure for the Tokenized Era
#Tokenization #Fintech #RWA
Thoughts when writing this piece:
- Options data actually provides us key zones we should be looking at
- Traders on @DeriveXYZ are smart, better to monitor their actions
- $DRV is underrated. onchain options are underrated.
We only go up from here. And it will take some time.
Building index-tracking assets on top of options instead of debt
https://t.co/gFNEvCbHct
What if the use options as the base of defi, instead of CDPs and liquidations? So instead of extreme price movements creating a sharp and global "you get liquidated" effect, instead your exposure to the index diverges quadratically from your preferred exposure in a smoother way?
A key benefit is getting rid of the need for instant oracles, and instead making everything work on top of "slow oracles" (ie. the type that prediction markets use)
This design has a significant downside - the need to do regular rebalancing - and an open question of whether and how this rebalancing can be made slippage-resistant enough. But it's worth considering and trying IMO. I would feel much safer holding algostables inside something like this, than in something that depends on an oracle that has to give real-time answers (and therefore could be tricked into giving wrong real-time answers with no time for human recourse).
Another one.
A Derive trader turned their ~$34k portfolio into ~$736k in a single trade buying $HYPE calls.
...And they're back at it, positioning for more upside now with call spreads. Godspeed.
You can create any financial payoff structure out of calls and puts.
This was the core thesis Derive was founded with, and maintains today.
More people are realizing this - options are the most programmable derivative, and onchain finance is the most programmable environment for capital.
Good breakdown from @0xTindorr on what the options market was showing before the move.
HYPE broke through $65 and suddenly all those 70/80/85 calls on Derive look a lot less ambitious.
https://t.co/Wnlh1osyyA
This is better than 10x or 20x leverage or whatever because
- they didn’t need to worry about funding rates, all costs are known when the trade is opened
- they don’t need to worry about liquidation / having enough collateral. It��s ok if the price dips down first, as long as it goes up by expire you win.
derive is the hyperliquid of options
DRV could be a good beta play on Hype given it has the deepest options market for $HYPE and stands to benefit from the increasing institutional flows into the asset
That’s not a typo.
One trader bought ~$6k of $HYPE calls on Derive and walked away with ~$124k in profit 20 days later. A 1,815% return!
This wasn’t even the biggest HYPE win this week... more to follow.
Very thoughtful piece from a man who’s been on the inside of TradFi for decades and has brought his wisdom and perspective to the intersection of TradFi and Ethereum at Sharplink. He is a voice of reason and a steady hand. He’s built an outstanding team that can weather the lulls and capitalize on the surges.
The institutional group at Consensys is doing the work: bringing Ethereum to major global financial market infrastructure hubs and major financial institutions.
TradFi keeps choosing Ethereum, but TradFi doesn't announce that they're going to announce something. TradFi comprehensively covers the bases and then launches.
So Joseph's steadfast outlook is very well informed. The surge is coming.
BlackRock CEO Larry Fink: Countries are racing to launch their own stablecoins
“Every member of our government needs to wake up to the idea that these deficits are threatening our future and the value of the dollar. Let’s be clear, if we were not the country whose currency is the currency of the world, we would not be able to have these deficits… it is a privilege, not a right. I think too many men and women in congress think it’s a right, not a privilege, and I think we’re jeopardizing that right.”
Larry Fink points out that crypto is creating a credible alternative to the dollar:
“I was in Asia two weeks ago, and the countries are all talking about creating their own stablecoins because they’re worried about the increased dominance of a dollar stablecoin worldwide. So they’re all going to start their own.”
And when regulated institutions and sovereigns need neutral global rails to issue these stablecoins, they’re overwhelmingly choosing Ethereum Mainnet (which already hosts $168 billion in stablecoins — 55% of the global market).
Hong Kong’s regulated HKD stablecoin went live on Ethereum this month.
Twelve of Europe’s largest banks are launching a euro stablecoin on Ethereum later this year.
Australia’s largest bank has been issuing AUD on Ethereum since 2022.
A few weeks ago, the Japan Blockchain Foundation announced plans to launch a Yen stablecoin on Ethereum.
Video source: @CPIWealth (Aug 2025)
Derive (DRV) is now available on Coinbase.
DRV-USD spot trading is available on https://t.co/t5IQLG1Q0o, the Coinbase app, Coinbase Advanced and @CoinbaseMarkets Exchange, subject to Coinbase eligibility requirements and supported regions.
Base Contract address:
0x9d0E8f5b25384C7310CB8C6aE32C8fbeb645d083