Top Results44 results
Market Musings - New Year, More Volatility
The Nvidia crash yesterday had ripple effects on the crypto market, with CME traders rapidly de-risking...
13 Min
Macro & Markets
Jan 2025
The Public Crypto Accumulator Era - Part 1
Derivatives Access (0–5): One point per active listing on CME, Binance, Deribit, OKX, and Bybit.
31 Min
Macro & Markets
Jun 2025
Market Musings - Strong Summer Start Turns Sour
When looking at the CME BTC OI, we can see a similar number as the CME accounts for nearly half of global...Since ETFs went live in January 2024, we have seen a ~$5Bn increase in CME open interest, from $5Bn to...inception. https://x.com/3xliquidated/status/1798020657609101628 It is safe to assume that a fair amount of CME...
12 Min
Macro & Markets
Jun 2024
Market Musings - No Pain, No Gain
Last week’s move brought a huge wipe out in open interest across all exchanges, including the CME, to...
10 Min
Macro & Markets
Aug 2024
Delphi's Market Matters - June 2025
Um, that said, when you look at things like [00:02:00] the CME Fed Watch tool, you could pull it up on...
64 Min
Macro & Markets
Jun 2025
Market Musings - ETF Flows Shine As BTC Flirts With Range Highs
...likely that at least some decent percentage of ETF flows were at least in part attributable to the BTC CME...
9 Min
Macro & Markets
Jun 2024
Stay The Course
Compare this to the incumbent crypto exchanges, and we can see how meaningful the CME has become due...For example, liquidations occur differently on CME vs. crypto native exchanges like Binance or Bybit.
17 Min
Macro & Markets
Feb 2024
The Rise of Ethena: Unpacking The Emerging Synthetic Dollar
Contextually, total open interest on ETH contracts is sitting at around $8bn today, excluding CME.
40 Min
DeFi
Apr 2024
The State Of Bitcoin
Interestingly, the CME overtaking Binance in terms of OI, is another signal that markets are taking this...
28 Min
Layer 1 / L1
Feb 2024
Theia Research: Internet Finance (Guest Post)
The Chicago Mercantile Exchange (CME) dominates traditional derivatives, the New York Stock Exchange...
26 Min
DeFi
Jan 2025
Arthur Hayes, Kyle Samani and Cindy Leow: Drift Protocol and the Future of DeFi
Obviously, if you trade on CME, for example, like those contracts are fairly standardized, but even getting...to the point where you can trade contracts on CME is, is actually fairly difficult in terms of onboarding...and harder to interact with and deal with, and it’s basically impossible for retail to interact with CME...
56 Min
DeFi
May 2024
Following the Market's Footprints: Order Flow Explained
Knowing when the major sessions are in operation (Asia, London, US/CME, after hours) is critical when...
28 Min
Financial Market Themes
Feb 2023
Ethena Thesis — The Internet Bond
Even when we look at TradFi, CME Bitcoin futures are bigger than Binance and are currently yielding ~...
14 Min
Stablecoins
Apr 2024
Fink Around and Find Out
@dlawant As a result, the CME has become the premier venue for BTC’s price discovery — leaving Binance...
4 Min
Macro & Markets
Mar 2024
GBTC Discount Reaches Highest Mark Ever
CME Group files a proposal to offer derivatives trading directly to customers.
4 Min
Macro & Markets
Oct 2022
Coinbase Premium Accompanies The Orange Coin To $60K
We’ve already seen this in futures markets as the CME has become the largest futures exchange by OI.
2 Min
Financial Market Themes
Feb 2024
Merge Week Is Finally Here
CME Group launches ETH-based options, three days before the Merge.
4 Min
Macro & Markets
Sep 2022
Futures OI Leverage Ratio Indicates Deleveraging Event Yet To Occur
CME Group announces the launch of Euro-denominated BTC and ETH futures.
5 Min
Macro & Markets
Aug 2022
A Blast From The Past
...including BTC Cash December 2017: BTC reaches $20,000, marking the top of this cycle December 2017: CME...
11 Min
Macro & Markets
Aug 2022
Monthly Chartbook - When It Rains, It Pours [February 2022]
CME BTC futures continue to post significant increases in daily trading volumes month-over-month, denoted...Futures basis compression also made the cash-and-carry trade less attractive, which was a key driver of CME...
33 Min
Macro & Markets
Mar 2022