Altcoin Winter: How Foundations, VCs, and Miners Are Using Derivatives to SurviveWhile Bitcoin has broken new highs and captured headlines, much of the altcoin market remains in a deep freeze — held back by oversupply…Jun 24Jun 24
How Crypto Treasury Companies Can Enhance Their Token AccumulationCrypto treasury companies — publicly listed companies that hold digital assets on their balance sheets as a strategic asset — have…Jun 16Jun 16
A Multisig Solution to the OTC Counterparty Risk ProblemOTC derivatives transactions involve counterparty risk. Traditional finance resorts to custodial or other intermediated solutions to solve…Feb 3, 2023Feb 3, 2023
Backtesting and Hedging Uniswap V2 and V3 Impermanent LossImpermanent loss (IL) occurs when users passively provide liquidity to DeFi AMM protocols such as Uniswap. In this article, we use…Jan 9, 2023Jan 9, 2023
Redesigning Dual Investment Products for a Bear MarketIn this article, we examine the design of existing dual investment products across CeFi platforms and DeFi Option Vaults (DOVs). We…Dec 10, 2022Dec 10, 2022
DOV Auctions And The Friday ProblemSince Ribbon Finance pioneered the first DeFi Options Vault (DOV) and turned it into a huge success, DeFi ecosystems have witnessed a…Sep 23, 2022Sep 23, 2022
What Crypto Miners Can Learn from Gold Miners to Better Hedge Their ExposureIn this article, we present “TARF”, a popular structured product that gold miners extensively use to hedge their price risks.Aug 31, 2022Aug 31, 2022
A Delta-Neutral Strategy to Profit from Volatility around the MergeIn this article, we present “volatility swap”, an exotic derivative providing pure exposure to volatility.Aug 22, 2022Aug 22, 2022
Did you miss the bottom? Fret not, here is a way to buy ETH at 1400.In this article, we present “Accumulator”, a popular structured product and explains how investors can use it to boost returns.Aug 10, 2022Aug 10, 2022
Want to chase the ETH rally? — You should consider this option trade.Buy Aug 26 expiry, 1600 strike call, with an up-and-out trigger at 2100, for 2.5%. The equivalent vanilla option costs 9.5%.Jul 18, 2022A response icon1Jul 18, 2022A response icon1