Tunder ⚡ has fully migrated to @DeriveXYZ V3.
New in v3: one-click trade execution, in-app deposits and withdrawals, and faster execution across the platform.
Options made simple.
Tunder ⚡ brings traders’ positions on @DeriveXYZ directly onto the chart. Their avatars show where they are positioned, and opening a position reveals the trade behind it.
From there, tap Copy to load the position’s option legs into the trade ticket. The contracts, strikes, expiries, and buy or sell directions carry across, making the existing position a starting point for a new trade.
Set the size, review the payoff, and place the order. Tunder keeps the trade structure intact while leaving the amount and execution in the trader’s hands.
This connects discovery and trading in one flow: see what traders are holding, explore a position, and build from it.
Options made simple.
The Tunder ⚡ auto-router checks every trade for a better price
On @DeriveXYZ, a trade can fill two ways: on the order book, or through an RFQ to market makers. Tunder picks the better one for each trade, on its own.
How the auto-router works: before a trade goes out, Tunder prices it on the order book, leg by leg, fees included. Then it estimates what market makers would quote for the same order and how likely they are to answer. If an RFQ could save 1% or more of the premium (and at least $0.50), and a maker is likely enough to answer, Tunder sends one. Otherwise the trade goes straight to the book. An RFQ asks makers for one firm price for the whole order, all legs together, and the book price is the ceiling: a quote fills only if it beats the book. If no maker answers, or no quote is better, the book fills the trade.
Why it matters: the book often shows only a few contracts at the best price, so bigger orders walk the book and fill worse. A maker can price the full size at once, and multi-leg trades get one price instead of filling leg by leg.
Auto is on by default. Book or RFQ can still be picked by hand.
Options made simple.
⚡ https://t.co/7a1xJpKUJd
Tunder ⚡ checks every trade for a better price on @DeriveXYZ. Automatically.
It prices the order book first, fees included.
If market makers could save 1% or more, Tunder sends them an RFQ. Their quote fills only if it's better. Otherwise, the book fills the trade.
Derive V3 is live.
The migration completed successfully and trading has resumed.
We've rebuilt Derive to compound our growth in onchain options, with custody on Ethereum, ZK proofs for margin and settlement, and sub-millisecond order matching.
What does this entail?
➤ Launch no-code vaults and earn fees
➤ Free up capital with ETH + BTC risk offsets
➤ Earn and borrow across ETH, WBTC, HYPE + USDC
➤ Faster listings across crypto and RWAs
➤ Build and monetise apps on Derive with less setup
We'll build on this foundation with new markets, vaults and partner integrations over the coming weeks.
5+ years on onchain options: https://t.co/PmiLQIoB1j
Tunder ⚡ checks every trade for a better price on @DeriveXYZ. Automatically.
It prices the order book first, fees included.
If market makers could save 1% or more, Tunder sends them an RFQ. Their quote fills only if it's better. Otherwise, the book fills the trade.
Tunder ⚡ v3 is out!
Trades now go through in one click. Deposits and withdrawals happen right inside the app. Everything executes faster across the platform.
This is the smoothest https://t.co/hcSUsuCLdE has ever been.
Tunder ⚡ has fully migrated to @DeriveXYZ V3.
New in v3: one-click trade execution, in-app deposits and withdrawals, and faster execution across the platform.
Options made simple.
Options were built for people fluent in strikes and greeks. Tunder ⚡ is built for everyone else.
→ Draw where price goes on the chart and get the trade
→ Tell the AI Analyst your view in plain words
→ Copy the top Derive traders, or see what's trending
→ Pro mode for every strategy: spreads, straddles, strangles, condors
→ Every trade priced against Deribit and Paradex before you confirm
→ Strikes and routing (order book or RFQ) handled for you
→ BTC, ETH, SOL, HYPE and LIT. Log in with email or any wallet
⚡ https://t.co/7a1xJpKUJd
Tunder ⚡ has fully migrated to @DeriveXYZ V3.
New in v3: one-click trade execution, in-app deposits and withdrawals, and faster execution across the platform.
Options made simple.
The governance proposal to launch Derive V3 has passed.
Migration to V3 is scheduled for October 6 at 6:00 PM UTC.
Full proposal and vote result: https://t.co/qLrjIS2xhO