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Beiu
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@Showdown_TCG ambassador
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Decided to bet on volatility for the weekly open
$BTC was flat during the weekend, compressed in a 700$ range, slowly bleeding since a few hours ago
Previous week close had volatility so I expect this one's open to be similar
So I bought this $BTC Straddle - 74.5K 11Nov on @paradex
My positions are BE at 72.6K and 76.4K
Meaning everything in between will make me lose my premium at expiry
Everything outside this interval will generate a profit, depending on the speed and timing of the move
$BTC was flat during the weekend, compressed in a 700$ range, slowly bleeding since a few hours ago
Previous week close had volatility so I expect this one's open to be similar
So I bought this $BTC Straddle - 74.5K 11Nov on @paradex
My positions are BE at 72.6K and 76.4K
Meaning everything in between will make me lose my premium at expiry
Everything outside this interval will generate a profit, depending on the speed and timing of the move
ethereum:0x31eea0edeb85b0cb65c1400bd2f4e487fd61b537 looks very good here
Probably new highs in the coming weeks if I had to guess
I believe this is for a few good reasons:
• Last week, 26.2% of orders on @tread_fi came from agents, highlighting the use case of their product
• Tread Labs bought 140K to sponsor 2 slots of their agents programs
• TxFlow team and others had to buy for integration
• Airdrop recipients finished selling and Tread power users are accumulating
Probably new highs in the coming weeks if I had to guess
I believe this is for a few good reasons:
• Last week, 26.2% of orders on @tread_fi came from agents, highlighting the use case of their product
• Tread Labs bought 140K to sponsor 2 slots of their agents programs
• TxFlow team and others had to buy for integration
• Airdrop recipients finished selling and Tread power users are accumulating
One interesting thing I noticed about perps and options from my trading
I am still an active perp user, but since I started to trade options, I never really wanted to trade those markets on perps again
So for perps I only use the markets I don't have access to via options
And I think that is a big deal
Not sure if it's the new shiny thing I like to play more with, or simply a better tool
I incline for the latter
I am still an active perp user, but since I started to trade options, I never really wanted to trade those markets on perps again
So for perps I only use the markets I don't have access to via options
And I think that is a big deal
Not sure if it's the new shiny thing I like to play more with, or simply a better tool
I incline for the latter
Not enough crypto people realize the opportunity gap between perps and options
For context, options trade 3x more contracts than futures in Tradfi
In crypto, perps do 238x more volume than options do
Perps all time volume: $18T
Options all time volume: $75.5B
Perps do 9x the all time volume of crypto onchain options, in 30days. That's insane to me
But the reason was clear, perps found PMF faster, while options platforms still struggled with fragmented liquidity and complicated UIs
But I do believe the gap will close in, we are seeing good progress with RFQ models and clean UIs like @paradex introduced earlier this year
Volumes are growing, more crypto natives try it and stay for it
The biggest winners will be the early builders and creators
Get into optionsView quoted post on X
Not enough crypto people realize the opportunity gap between perps and options
For context, options trade 3x more contracts than futures in Tradfi
In crypto, perps do 238x more volume than options do
Perps all time volume: $18T
Options all time volume: $75.5B
Perps do 9x the all time volume of crypto onchain options, in 30days. That's insane to me
But the reason was clear, perps found PMF faster, while options platforms still struggled with fragmented liquidity and complicated UIs
But I do believe the gap will close in, we are seeing good progress with RFQ models and clean UIs like @paradex introduced earlier this year
Volumes are growing, more crypto natives try it and stay for it
The biggest winners will be the early builders and creators
Get into options
For context, options trade 3x more contracts than futures in Tradfi
In crypto, perps do 238x more volume than options do
Perps all time volume: $18T
Options all time volume: $75.5B
Perps do 9x the all time volume of crypto onchain options, in 30days. That's insane to me
But the reason was clear, perps found PMF faster, while options platforms still struggled with fragmented liquidity and complicated UIs
But I do believe the gap will close in, we are seeing good progress with RFQ models and clean UIs like @paradex introduced earlier this year
Volumes are growing, more crypto natives try it and stay for it
The biggest winners will be the early builders and creators
Get into options
over the past few months, options have been coming up more and more in my circle, and i think crypto is still massively underestimating the opportunity.View quoted post on X
options are enormous in tradfi, yet crypto has barely made a dent in consumer adoption.
imo perps took off because they're intuitive while options still force users to understand strikes, expiries, premiums and volatility before they can even express a view.
i) for retail, the unlock is outcome-first trading. pick a view and timeframe, instantly see the cost, upside and risk.
ii) for pros, it's deep liquidity, competitive pricing, portfolio margin and efficient execution.
the challenge is making options simple without sacrificing their flexibility.
whoever gets the market structure and UX right has a massive market to unlock.
