Introducing BasedMoney

Matt
BasedMoney
Published in
3 min readAug 4, 2022

Today, we’re excited to announce our rebrand and introduce BasedMoney — an improved retail-first options analytics platform for cryptocurrency markets.

Our mission remains the same, to empower retail traders by providing tools to make better data-driven decisions.

Since launching in July 2020, building a simple, easy-to-use interface that caters to both beginners and advanced options traders has been our top priority. With an improved design, advanced charts, and more data, we’ve made it even better.

An improved look and feel

With a cleaner, more minimal look, and an emphasis on data, our improved website aims to better represent our brand moving forward.

Updated charts

Our most popular chart showcasing the Open Interest by Strike Price now shows the dollar equivalent open value of each strike price. This value represents the last traded price of the option multiplied by the open interest.

We’ve also added new charts such as the one above. It shows when large taker trades are executed, often indicating urgency, with respect to the underlying asset’s price.

Support for multiple exchanges

We’re excited to announce that Bitcoin and Ethereum options on Bit.com are now listed on our site. You can compare option contracts with the same expiration dates across Deribit and Bit.com. Our improved analytics page also provides insight for instruments on both exchanges.

Thank you to all of our users and partners who’ve supported us since the day we launched. We’re excited to release our new look and hope you find value in using our tools. We’ll have more features are on the way so stay tuned.

The BasedMoney team ✌️

Have feedback on our new site? Talk to us on Twitter

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Matt
BasedMoney

Passionate about building forward-thinking products through thoughtful design.