Bitcoin's $8.6B in options set to expire out of the money
With only 20% of the June 26 expiry currently profitable and max pain sitting 14% above spot, the largest expiry on the calendar is shaping up as a volatility catalyst either way.
With only 20% of the June 26 expiry currently profitable and max pain sitting 14% above spot, the largest expiry on the calendar is shaping up as a volatility catalyst either way.
Hyperion's Hyunsu Jung argues HYPE's $75B fully diluted peak puts it in CME, IBKR, and Robinhood territory — and that the chain's next chapter is L1-style app revenue, not just perps.
The $90 trillion annual perps market has been entirely offshore and unregulated until now — Kalshi's CFTC-regulated launch gives US traders legal protections and federal oversight for the first time.
Bitcoin-based decentralized finance projects are narrowing their focus to niche user groups as liquidity continues to…
Standard Chartered has set a $100 price target on Uniswap, spotlighting how far the protocol's token has run and how…
The exit folds Ventuals into another Hyperliquid team and leaves TradeXYZ controlling roughly 97% of HIP-3 trading volume — a consolidation moment for the exchange's hottest growth lane.
Kalshi led a fresh wave of crypto and decentralized-finance funding, closing a $1.2 billion raise that highlights…
Bernstein has flagged the upcoming FIFA World Cup as a potential watershed moment for prediction markets, projecting a…
A cluster of derivatives-focused projects also surfaces on the list, reinforcing that perps and prediction markets remain the capital magnets heading into 2025 token events.
The Commodity Futures Trading Commission has unveiled a sweeping rule proposal targeting the fast-growing prediction…
Ondo Perps has opened its public beta, giving select traders access to equity perpetual futures with up to 20x…
Combined top-3 perp-DEX volume jumped 96.6% in five days while CEX futures rose 81% — a volatility-driven expansion that cut across venue type, not a directional bet.
Circle has launched cirBTC on Ethereum, a 1:1 Bitcoin-backed token designed to bring native BTC collateral into…
Five storylines from the week that matter for DeFi: Hyperliquid's perp volume peaks, Radiant Capital plans a wind-down, Polymarket alleges Kalshi espionage, Kelp DAO's bridge loses funds, and the…
Spinning out of GMX's Solana branch was the easy part — running nearly 90 perpetuals markets on pooled liquidity, with Chainlink oracles and an RWA pipeline, is the actual bet.
The HIP-3 framework carried the month — $62B in volume and $3B in open interest — while the platform's pure crypto perps book still shrank year over year.
Hyperliquid has reached a record share of the global perpetuals market, with its HIP-3 protocol crossing $62 billion in…
Solayer has launched Margin Trade on mainnet, bringing a fully Solana-native onchain perpetuals trading platform to the…
The product targets the binding constraint in modern on-chain and CEX execution: physical distance to matching engines and validator sets, measured from probes in 14 cities across five continents.
Ethereum co-founder Vitalik Buterin has put forward a new design for synthetic assets built around options mechanics —…