Glassnode
Glassnode and Bybit published a joint State of Crypto Derivatives report on Monday, mapping how the market's structure has shifted over the past year. The report runs three passes through Glassnode's venue-resolved derivatives and market data, covering how options took share of the book, how the venue map redrew itself, and what the curve is currently pricing.
The framing is structural rather than directional. Venue concentration, options share, and curve pricing are treated as the variables that explain moves on the tape, not as reactions to them. For traders and allocators, the read is meant to inform position sizing and venue selection rather than trade direction.
Source: [The State of Crypto Derivatives Report with Bybit – Glassnode](https://content.glassnode.com/the-state-of-crypto-derivatives)
Frequently asked questions
-
What does the Bybit-Glassnode derivatives report cover?
Three passes through Glassnode's venue-resolved derivatives data: how options took share of the book, how the venue map redrew, and what the curve is currently pricing.
-
How does the report frame options market share?
Options share is treated as a structural variable, alongside venue concentration and curve pricing, that helps explain moves on the tape rather than react to them.
-
Who is the intended audience for the report?
Traders and allocators who need to read the structural layer behind the price tape, not just the directional signals on top of it.
-
What data does the report draw on?
Glassnode's venue-resolved derivatives and market data, structured across three analytical passes covering market structure, venue dynamics, and current pricing.
-
Is the report a directional call or a structural read?
It is positioned as a structural read, aimed at informing position sizing and venue selection rather than trade direction.
TheBlock
CryptoSlate
WuBlockchain
Crypto News
Whale Alert
CoinDesk
Benjamin Cowen