ETH 1w implied vol is 70% BTC 1w implied vol is 37% Very very rare to see a divergence this big, ETH trading like someone knows something...

was off by 12 months

Rolling this out in prod very soon. We’ve got 2-3 other big near term 10x improvements brewing meanwhile.

Rust-tuned Derive CLOB is blistering: - <1 millisecond order placement - 200 microsecond cancels A very underrated part of our stack Liquidity and integrations next

Big thanks to @AWSstartups Web3 team for choosing us as their June feature! Building an institutional-grade orderbook isn't easy. Derive Pro is what this infrastructure was built for: a capital-efficient engine with smarter risk, collateral and options liquidity. Our work with AWS:

Seeing big ETH call accumulation in the $2800-$3000 range and put buying in the $1800-$1600 range. If conflict with Iran escalates, put buyers will be paid. Otherwise, we could see a quick bounce to high low $3k July shaping up to be a volatile month 🍿

Getting my hands dirty with Ethereum Options on @derivexyz Pro .. Imagine stressing about liquidations

Derive Pro brings far better capital efficiency for traders - but, more importantly, for market makers. That means tighter spreads, better liquidity, and a foundation for the next phase of growth.

Introducing Derive Pro, the most customizable trading interface. Shape your strategy with modular tools, enjoy 2-3x better capital efficiency, and experience lightning-fast execution that rivals top CEXs. Customization. Capital Efficiency. Speed.

$5m in total fees generated for Derive v2 since launch early last year We have the most technically advanced derivatives exchange in crypto, all the puzzle pieces are here Next 6 months is about putting them all together