Laevitas — 6 Months Post-Beta Launch

Small company update after our launch mid-January.

Hassen Naas
Laevitas
4 min readJun 25, 2021

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“There are decades where nothing happens; and there are weeks where decades happen” — Vladimir Ilyich Lenin

This quote will always be relevant to crypto boom & bust cycles. There’s simply no rest when things kick into gear, needless to say things have been pretty crazy since the beginning of the year. Let’s have a look at some price charts for context:

BTC price peaked at ~ $65k in mid-April
ETH price peaked at ~ $4400 in mid-May

In an attempt to summarise events since January: Inflation hedge/SoV, Dog(e)coins, NFTs, EIP1559, DeFi, Tesla/Elon Musk, Michael Saylor and China FUD were among the headlines (spot some of the usual suspects) but the end result was the same: a never-ending enthralling sequence of the highest of highs and lowest of lows, sleep deprivation, countless hours scouring charts, Twitter, Discord, Telegram… Nevertheless the entertainment value is second to none, you learn invaluable lessons and thanks to conversations with some of the smartest minds you realise this industry is here to stay. A lot of focus is put on prices and how this will be the main driver where we go next, which ironically is the essence of what we’ve attempted to build: provide insightful analytics on derivatives to gain a better understanding and contextualize price action. But shifting gears from the price talk, one of the foundations of blockchain/crypto ethos is transparency (on-chain) and collaboration (consensus), which is the purpose of this small update, first to express sincere gratitude to everyone we’ve had the opportunity to exchange with and have shared priceless feedback and insights, share some of our user metrics, what functionalities we’ve added so far since the Beta launch and what’s next.

User Metrics

Since January we’ve had 24k unique visitors
Number of signed-up users

Funnily enough we peaked alongside the ETH price in May, which was most likely the peak of the frenzy (for now).

Overall stats:

  • ~ 1730 signed up users
  • ~ 500 daily active users
  • ~ 300 Discord members
  • +8000 followers on Twitter

Many of the new integrations added on the platform has been based on a lot of your feedback so thank you to everyone who has supported us thus far!

Integrations and Improvements

Since January our focus was on integrating new markets, new analytics & tools and refining the UI/UX. Below a brief summary:

Options

  • New Markets: Bit.com, OKEx
  • Open interest and volume heatmap, flows & change
Heatmap
Flows
  • Gamma bands
  • Gamma Exposure (GEX)
  • Live Deribit trade feed

UI/UX: Chinese & Japanese translations, lots of front-end tweaks and fixes

Futures

  • New Markets: Binance, Bitmex, Deribit, FTX, OKEx
  • Derivatives Dashboard
  • Activity
  • Funding, Term Structure & Basis

What’s Next

Over the next 6 months ourobjectives consist of:

  • Improving our data feeds (higher granularity, real-time etc.)
  • Launch of API
  • Integrating more markets and analytics
  • User guides/FAQs

As always your feedback is most welcome on our Discord or simply join to discuss the markets!

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