Deribit

Eight minutes. Four market minds. One big question: are we entering a new macro supercycle?

Arthur Hayes and Usman Naeem join Imran Lakha and David Brickell at TOKEN2049 Singapore. 🇸🇬

Crypto Options Unplugged #129.
▶️ youtube.com/watch?v=Op_yUW…

$1B of tokenized assets traded on-chain over Labor Day weekend, while US markets were closed

Ep. 135, live from Token Singapore: Alex Casimo from @IMCTrading and Anna Dinescu from @HilbertCapital on tokenization, 24/7 markets and finding yield with basis gone. ↓

youtube.com/watch?v=-1dpUP…

🚨 Webinar: Speed Meets Predictability: Deribit’s New Matching Engine

On Wednesday, 18 November 2026, 4:00 PM GMT, join experts from Deribit and Pico’s Corvil Analytics team for a deep dive into Deribit’s new matching engine and the data-driven journey behind one of the industry’s most significant trading infrastructure upgrades.

Based on analysis of more than one billion exchange events, the session will explore how Deribit:

• Reduced exchange-side latency from milliseconds to microseconds
• Improved performance predictability under load
• Validated results using independent wire-level instrumentation

Featuring Matt Davey (Pico), David van Eijnatten (Deribit by Coinbase), and Frank Yu (Coinbase).

Register here: go.pico.net/l/128111/2026-…

🚨 Options Expiry Alert 🚨

At 08:00 UTC Friday, ~$2.86B in BTC and ETH options are set to expire on Deribit.

$BTC: ~$2.64B notional | P/C: 0.38 | Max Pain: $79K
$ETH: ~$224.5M notional | P/C: 1.27 | Max Pain: $2.35K

BTC positioning is heavily call-weighted, with notable concentrations at $82K and $85K.

ETH shows the opposite, with puts outweighing calls and significant put interest around $2.1K.

Track the full breakdown ↓
deribit.com/statistics/BTC…

Crypto volatility is subdued, but institutional interest is growing.

Yoann Turpin of @wintermute_t and CJ Fong of @GSR_io joined us in Singapore to discuss cautious options flows, market makers’ views on volatility, and how institutional participation could reshape crypto markets. ↓

youtube.com/watch?v=ix202w…