Deribit becomes the latest crypto exchange to get hacked for $28M, prompting the exchange to temporarily...🚨 In Case You Missed It Deribit halts withdrawals after hackers drain $28M from the exchange’s hot...

Introduction When it comes to crypto options, Deribit reigns supreme....Robinhood, and meets the majority of the demand for crypto options. $6.4B of the combined $12.1B of Deribit...With the Avalon update, Lyra’s total serviceable market has reached 53% of Deribit’s massive business...When it comes to crypto options, Deribit reigns supreme.

Unsurprisingly, Deribit holds the lion’s share of the open interest as it is the go-to exchange for options...However, Deribit will likely continue being the go-to options exchange in the near term, as it has deep...Furthermore, Deribit’s first-mover advantage and institutional networks will be tough to compete against...

Data Digest Over $2 billion of BTC exposure liquidated today Deribit futures trade at -75% basis Gas...Deribit had the worst reaction, with basis reaching -75%.

Deribit traders were buying up Apr. 29 BTC calls for $42k, $50k, and $60k strikes....This boosted the notional value for Apr. 29 calls up to $193M on Deribit.

“incentivize market makers” point from above, all of these platforms basically rent liquidity from Deribit...they capture a spread — essentially the difference in the price they buy from Ribbon at and sell on Deribit...One can’t help but wonder, could this put Deribit in DeFi’s crosshairs?

Over the last month, the bid-ask spread on BTC perps, particularly Deribit, has improved dramatically...The spread on Deribit went from 60 basis points to under 30 basis points....As more money moved into Deribit to buy options, more liquidity leaked into the perps and futures market...

Options trading is currently dominated by centralized exchanges (CEXs), specifically Deribit, with a...

% of total open interest (all strikes) for @ribbonfinance vs Deribit Ribbon’s ETH open interest is...38.3% of Deribit’s total ETH open interest pic.twitter.com/QHYKoRso2B — Ken Chan (@kenchangh) July 14...

Notable Tweets Deribit usually has the highest futures basis, and CME the lowest....CME’s basis has now exceeded Deribit’s, implying large futures purchases on CME.

⚡ Lyra: A Next Generation Options AMM When it comes to crypto options, Deribit reigns supreme.

...market makers are able to buy options from DOVs at a cheaper price than their equivalent options on Deribit...As a result, they’re able to capture a low-risk arbitrage (buy from DOV, sell on Deribit), providing...

Volatility and Fear The Deribit Volatility (DVOL) index measures the 30D implied volatility using Deribit...

Paradigm, the institutional liquidity network that trades $1.5B per day in options volume, which is 30% of Deribit...duration), but if anyone can crack it, it’s Paradex’s team (remember, Paradigm facilitates ~30-35% of Deribit...regular dated options as well, meaning it could become the first on-chain exchange that truly challenges Deribit...

Ribbon Expands to Options DEX With Aevo Options trading is dominated by CEXs, specifically Deribit, with...

As reported by Deribit, $5.5B of BTC contracts and $3.3B of ETH contracts expired on December 31st.

FTX, Deribit, and Bybit have stepped up to capitalize on the opportunity.

Deribit futures flash crash amidst put buying. BTC OI declines with price, but volume increases....Deribit futures trade at -75% basis. Gas hits 1700 gwei.

...are the data source for 95% of all crypto options trading through their platform partnerships with Deribit...

Data Digest Change in BTC options OI by strike price Deribit futures flash crash amidst put buying BTC...Key Takeaways Deribit’s Dec. 2021 futures witnessed a flash crash earlier today.