The Basis Shock As BTC began to rally into October, basis didn’t rise as aggressively as one would’ve...Notably, basis on Huobi detached from the rest of the market.

BTC Futures Basis Turns Positive Again After a brief tango with backwardation, 1 month BTC futures are...once again trading with positive annualized basis after testing long-term support levels on Tuesday....For what it’s worth, the 3 month BTC futures are trading at a similar basis, which means mid-term expectations...

And he’s here today to discuss his new invention, which is yield basis....And so just before jumping into yield basis, it’d be, I think....D two use by yield basis, that’s probably the most important part....Uh, Michael, really nice to have you on to, to chat through yield basis....Uh, I think this is, the youth basis is still pretty under the radar despite.

The ratio of basis trade to sDAI backing Elixir will ultimately be a function of the current size of...yield 90% -> sDAI / other yielding stables OCF reaches 20% of high water mark: 0% -> long basis...If it drains down to $1.5M, the deUSD backing would be 30% long basis yield, 70% sDAI / other yielding...

While presently 50% of USDe is unstaked and not earning the basis yield, I expect this number to climb...Additionally, we have already begun to see more entities running the basis trade themselves....HyperLiquid and Aevo have already built out their own basis trade “vaults” natively on their perp DEXs...

...pricing in a 100% chance of rate cuts at the next 3 fed meetings 👀👀👀 Sept 18th – 70.5% chance of (25 Basis...point cut) Nov 7th – 66.7% chance of (25 Basis point cut) Dec 18th – 58.7% chance of (25 basis point...Solana-land, the YTD is astonishingly poor, with most sectors and assets down bad on an short term and YTD basis...

The FOMC cut rates by 25 basis points to 4.50%, and signaled fewer cuts in 2025. 3....Bitcoin futures basis fell to negative terrain for the first time since August 2023, while notional OI...manifested within the broad crypto market, with most sectors and assets down horrendously bad on a YTD basis...

...harbor provides prospective relief for new distributions of Tokens on a transaction-by-transaction basis...the Initial Development Group intends to meet Qualifying Distribution requirements on a go-forward basis...broadly to the Tokens, provided that the project continues to meet certain conditions on an ongoing basis...

The variable fee is distributed on a pro-rata basis across bins that the swaps have utilized....boosted pool yields are an additional yield earned on top of the pool and are distributed on a pro-rata basis...fees is deducted from every swap and used to purchase a stablecoin which is distributed on a pro-rata basis...

We plan to host these webinars on a monthly basis, so make sure to stay tuned.

Summary of Economic Projections (SEP) outlines the median projection for 2025 is 3.9%, implying two 25-basis-point...other names, there has been little to celebrate for crypto natives with most names down bad on a YTD basis...On a market cap-adjusted basis, SOL would have needed ~$200M to match that footprint but it fell far...

A few weeks ago, we mentioned the basis trade with respect to the new BTC spot ETFs....To quickly recap, a basis trade is simply longing the spot asset (e.g. spot BTC or the BTC ETF) and shorting...1798020657609101628 It is safe to assume that a fair amount of CME OI is directionally hedged via a basis...

...will be opening up shortly, the current state of the market, and the amount that MCR grows on a daily basis...

Without identity, there’s no basis for credit. Without a reliable assessment, lenders fly blind....The repayment rate for each borrower is evaluated on a monthly basis: min (Lifetime Appreciation, Outstanding...This value is summed up on an hourly basis If your assets and income have grown a lot, that “appreciation...

Cost Basis of Staked ETH Does the cost basis of ETH deposits matter?...stakers at a loss are actually more likely to hold, but we’d rather spend time breaking down the cost basis...The two buckets with the highest cost basis which make up 60% of the supply are liquid staking and CEXs...

...of this trade is to create slightly longer-term exposure to BTC while subsidizing the trader’s cost basis...We can somewhat confirm the above thesis by looking at annualized basis for various futures expiries...Seeing a 5-10% basis opportunity is extremely attractive to them.

Looking at the annualized basis across various expiries helps us ascertain how investors are bidding...If basis jumps too high, it means a lot of traders are going long on these futures, and few are shorting...them to take advantage of the basis trade....The longer out a futures’ expiry is, the higher the futures premium vs. spot, and thus the higher the basis...

The issuance rate is determined by the core team on a bi-weekly basis to ensure that there is enough...First-come first-serve basis.

An interesting trend we noticed on futures basis is that 3-month futures’ annualized basis has diverged...Despite BTC making new lows, basis inched slightly higher – indicating demand for Mar. 2022 futures....Interestingly, CME basis is a way off relative to crypto-native exchange basis.

Outside of BTC, SOL, and memecoins, most sectors are now flat or heavily negative on a YTD basis....Volume and price are the basis for most indicators and financial analysis, so going to the source makes...Outside of BTC, SOL, and some memes, most sectors are now flat or heavily negative on a YTD basis.