Crypto Options and Derivatives
Joined October 2025
- Tweets1.3K
- Following816
- Followers135
- Likes2.4K
HD_Derive retweeted
Derive is tracking for our 3rd biggest week of fees in the last year - crazy that a year ago we were putting up $20k in fees a week and now we are regularly hitting 30-40k per day.
Taker base has diversified significantly in the last two months, both in terms of assets traded (BTC, ETH, HYPE, ZEC, SOL) and unique users. Retention numbers have also been very encouraging.
Derive's maker base has also expanded dramatically post v3 with the dramatically simpler onboarding flow and upswing in taker activity.
Further, we are now closing in on a few critical integrations going live that have been months/years in the making, and the quality and breadth of assets you can trade on Derive are about to see another step change.
We continue to welcome all the feedback you can give us. Have a great weekend everybody.
HD_Derive retweeted
Earn yield on idle USDC.
Lending rates on Derive right now:
Midcap (HYPE): 6.16%
Prime (BTC/ETH): 4.20%
Rates are variable and move with borrow demand. Supply on the Collaterals page. See link below:
HD_Derive retweeted
We want more people to try trading options with an agent so we're rewarding users who try them out.
For our first campaign with @CircuitAI, we picked two you can run from your wallet.
➤ Derive VIP Copy Trader follows top traders into and out of BTC and ETH positions.
➤ Derive Straddle Volume buys BTC or ETH straddles, pairing a call and a put at the same strike and expiry.
You can also ask Circuit for a trade in plain English, build your own agent or fork one you like.
Derive VIP Copy Trader
app.circuit.org/agents/52ab5…
Derive Straddle Volume
app.circuit.org/agents/8fbe0…
Trade via an agent; earn DRV.
Run your Circuit agents with zero fees on @derivexyz:
- follow Derive's top traders
- run the Straddle Volume agent
- just ask circuit to buy options
- or build your own strategy
The first earning cycle has a 10,000 DRV pool that rebates 100% of Derive's trading fees. First come, first served, until the pool runs out.
HD_Derive retweeted
No need to dump your winners to “call it a year.”
ZEC, HYPE, VVV all have options on @DeriveXYZ: sell calls for yield, buy puts to protect gains, or buy calls if you think they’re going higher and bet moarrr!!
HD_Derive retweeted
Alt options are waking up on Derive.
XRP volume +87% vs its 7-day average. $HYPE +75%, now our #3 market after BTC and ETH.
SOL saw +20k Nov 27 $90 calls sold, +2.7m notional, and just starting.
HD_Derive retweeted
Derive’s CEO @nickforster is speaking at Digital Asset Summit London this week 🇬🇧
The Derive team is in London too. If you’re around and want to talk onchain options or integrations, DM us and let’s meet.
HD_Derive retweeted
Our CEO @nickforster in the Wall Street Journal.
Odds of BTC finishing above $80K on Friday: 5% at the overnight low, 55% after the results.
"Traders were paying a premium for protection ahead of the election. Once the results became clear, much of that demand disappeared."
Article link below 👇
HD_Derive retweeted
ETH Options took the top spot on Derive in the last 24h
$227.8M+ notional traded
🔷 ETH $106.7M (47%)
🟠 BTC $95.8M (42%)
🟢 HYPE $14.8M (6%)
⚪ Others $10.5M (5%)
HD_Derive retweeted
We're working with @CircuitAI to make options a natural part of trading through agents.
We've heard from traders that understanding Greeks and managing options positions can be a lot to take on. To bring more retail users into options, we need to abstract more of that complexity.
Circuit lets people run different strategies with an agent managing positions and getting in and out as conditions change. They've now fully integrated our orderbook, making it easier to incorporate options into broader trading strategies.
We think this will become the default way to trade: deciding on a strategy and delegating more of the execution and ongoing management to an agent.
Our first campaign together kicks off November 10. More to come.
circuit 🤝 @derivexyz
options are among the most powerful instruments in finance. they’ve also been some of the hardest to use.
circuit now trades onchain options on Derive. tell your agent what you think will happen, and it will build and run the position for you.
just ask.
HD_Derive retweeted
V3 was built to settle immense volume and give third parties a foundation to build their own experiences on top of it.
HD_Derive retweeted
circuit 🤝 @DeriveXYZ
options agents are here
The agentic era is here, and Derive is ready.
Agents can now trade all kinds of complex options strategies on Derive, with docs and APIs built for machines.
Already plugged in: @CircuitAI, @OverwriteIntern, @virtuals_io 🤝
HD_Derive retweeted
Reddit call was absolutely fascinating. Everyone should listen to it as a bellwether for where the internet is going
- AI Mode is increasingly default Google experience
- AI Mode provides rich info and data in line, less incentive to leave search
- AI Mose incentivizes dialog, Google wants to keep you engaged to serve more ads at each turn
- Google will milk search for as much revenue as possible as they transition from a search company to a cloud service and chip company
- As traffic from humans becomes more scarce this will put Google in an increasingly adversarial position to the rest of the internet
- This is a massive headwind to all media type companies who are not destinations
- This is a massive headwind to all content-driven go-to-market motions especially in the SMB. You have seen companies like HubSpot and Monday.com get crushed by this funnel collapse
We are entering the end game - a knife fight for the remaining and dwindling volume of human traffic on the internet
HD_Derive retweeted
Big day for solana:98sMhvDwXj1RQi5c5Mndm3vPe9cBqPrbLaufMXFNMh5g options.
The HYPE 13NOV expiry sees a 4.4x increase in OI since Road to Expiry with @Kinetiq_xyz launched
HD_Derive retweeted
Road to Expiry, 4 days in:
- $23.6M notional traded on the 13 Nov $HYPE expiry
- 734 trades from 81 traders
- ~$900K in premium
Current top 3 by realized ROI:
1. 0xeA36…59aF: +458%
2. 0xeBF9…dDF8: +451%
3. 0x441e…B5A2: +347%
HD_Derive retweeted
The agentic era is here, and Derive is ready.
Agents can now trade all kinds of complex options strategies on Derive, with docs and APIs built for machines.
Already plugged in: @CircuitAI, @OverwriteIntern, @virtuals_io 🤝
HD_Derive retweeted
These are up 225% already and still 2 months to go. $HYPE has yet to settle below 60% IV for long...
Liquidationless leverage
Continues to surprise me how quickly $HYPE has settled in to being a ~60 vol asset. (ETH is 51 vol out to end of year atm - and has a much longer history!).
The Christmas board $100 strike is offered at $2.86 (~63% IV). Rough rule of thumb is that implies ~3% average daily move.
Think that's too low? Buy the calls and make a 7x if $HYPE goes to $120 by December 25.
Think that's too high? Sell the calls and collect ~20% annualized in USD premiums (and give up your upside past $100).
HD_Derive retweeted
Toros Options are live on @base, powered by @DeriveXYZ
Trade BTC, ETH, HYPE, ZEC and SOL options with a 1% premium cashback for launch.
Toros routes through Derive’s order book and market makers to bring you the lowest spread onchain options anywhere.
HD_Derive retweeted
Derive, an onchain options exchange has integrated LI.FI.
@DeriveXYZ traders can now fund their accounts with supported assets from other networks, via LI.FI's trading infrastructure for onchain apps.
A seamless cross-chain options experience.
Powered by LI.FI.
HD_Derive retweeted
Options can be used to hedge your position, without selling your spot.
Great breakdown by @0xTindorr 👇
HD_Derive retweeted
Bullish on BTC, but tired of watching every red candle? You don't have to sell your spot.
Options let you keep your BTC and reshape the risk around it.
New guide on @deriveinsights by @0xTindorr: how to hedge your portfolio in four steps.