What started as a fun project quickly turned into a tool lots of traders actually use. @derivativemonky offers options data that's often paywalled elsewhere, making it accessible for options traders of all sizes. It tracks all options platforms, but will offer exclusive trade execution on Derive.
We're excited to announce this and work towards a deeper integration with @deriveinsights.
eli5 : BTC could move up big.
IVs creeping up with BTC price, when usually you'd see vol selling.
👉 Pointing towards potential vol expansion?
25 Delta skews take the biggest nose-dive in a year
👉 Puts were generally more expensive on the extremities. But people suddenly bought a lot of OTM calls.
I think the sellers are near exhaustion.
At the airport. Smoking.
Approached by a young lad
“Excuse me, may I buy a cigarette?”
No. Of course not.
Here.
I don’t accept his dollar and give him one.
Delightful manners. Glad to see it.
Never leave home without smokes or a lighter.
Ultimate tool of social lubricant.
Women want to cuck you, see you out of shape and simping for them
Your family wants you safe, with a good job, not some crazy superstar
Your friends don't want you to shine brighter than them
You have to want it more than everyone else.
You're alone in this war bro.
“America was fucking Built on Tobacco.
That is why you Should Never Trust Anyone
who does Not Smoke Heavy
Traitors
These days, Deep soy in Collusion with Crooked Politicians/Scientists
has Turned Most of
Tobacco Farms into soy farms
Most people do Not even Realize this.”
— MPM
derive forced deribit to defensively list HYPE options on june 24. derive is doing 20x deribit's volume on that same product. 90% onchain options market share, $707m weekly volume, best fee week of the year during the june drawdown. $106m market cap. dydx gmx synthetix all trade at $285-340m running slower growth on perps. derive just processed a $210m single trade across 4 option legs and cut token emissions to 1/20th previous levels in the same month. coinbase paid $2.9b for deribit because they couldn't build this onchain fast enough
The common thread between all my highest conviction spot holds
$HYPE: no dual token/equity structure (same can be said for most HyperEVM tokens like $KNTQ, $HPL, $NEST etc)
$AERO: no dual token/equity structure
$DRV: no dual token/equity structure
$LIT: no dual token/equity structure
I virtually refuse to invest into anything with a dual token/equity structure. I don't need all value to flow directly to token buybacks, but I'm not willfully sitting in the value accrual cuck chair watching privileged equity holders get rich as my token gets diluted and emitted to 0.
I don't care how good of intentions a team claims to have, you can't serve two masters, and tokenholders will ALWAYS get the short end of the stick.