Record High Number of Options Expire Today! While crypto media is warning everyone of high volatility, most full-time option traders seem to think it’s exaggerated. Yes, aggregate open interest for both 和 ETH are on the rise, but for expiration we should actually focus on the number of contracts that have strikes close to current market levels.
n Deribit’s case, this is just ~6k contracts, worth roughly $55m. Because the notional is relatively small compared to futures, it’s much less likely for whales to squeeze or manipulate. The remainder of contracts are likely to be rolled over with limited market impact.
Last week we talked about the DeFi boom and the momentum continues. COMP is maintaining a mkt cap of ~$2.4b, while the new kid on the block is BAL, Balancer’s governance token. Regardless of what Balancer is actually useful for, simply put, users can stake certain tokens via smart contracts and mine BAL. Some of these pools offer >100% APY if you include the mined tokens. Again, we need to be wary of whether these returns are sustainable as it highly depends on BAL token price.
In other news:
- ETH miners have agreed to raise gas limits by 25%. Should increase network’s TPS.
- Grayscale’s ETH product dumps as lockup ends. Premium is still >300%.
- Paypal rumoured to be preparing direct crypto purchases for its users.
Thanks for reading our article record number of options expire today. If you found this information helpful don’t forget to subscribe to our newsletter below!
通訊




Yearn.finance 提議增發 2 億美元等值 YFI 新幣
Yearn.finance 的核心開發者和部分社群成員,最新已經向社群提交建議,計劃增發 6,666 枚 YFI 代幣,涉及約2億美元。


耶倫:恐怖組織用加密貨幣進行融資活動
美國財政部部長人選耶倫(Janet Yellen)最新提到加密貨幣,稱美國政府應該研究新方法,遏止洗黑錢和「科技恐怖組織融資」活動透過加密貨幣平台進行。


英國傳統基金 Ruffer:比特幣是「野獸級」資產
英國傳統資產管理公司 Ruffer Investment Management 將超過7.48億美元的客戶資產轉移到比特幣。Ruffer 表示對比特幣投資充滿信心,相信比特幣有力挑戰黃金的資產地位。


去中心化交易所 1 月交易量創新高
在加密貨幣之首比特幣(BTC)持續上升的同時,加密貨幣行業當中另一領域正在急速冒起:去中心化交易所(Decentralized Exchange,DEX),近期交易額飆升,即將創下歷史新高。


Grayscale基金首日重開爆買2,000枚比特幣
數碼資產管理公司Grayscale Investments,重新開放旗下比特幣信託基金認購,首日即在市場上再買入2,172枚比特幣(BTC)。