Deribit's $ZEC options market is so privacy coded that you...can't actually see it. It doesn't exist. It might never exist realistically due to $ZEC being a privacy coin. The big break for @DeriveXYZ earlier this year was listing $HYPE options months before Deribit did, and they now dominate that market. If $ZEC continues to be the next PvE runner, it's just another mass onboarding event for Derive. And then it'll be $LIT ...and $VVV ...and $PUMP ...and $DRV itself 👀 The biggest mistake people made was thinking on chain options lost to perps because of how long it's taken to get to this point. There just weren't enough interesting, quality assets to list liquid options markets for, and building it all is HARD. On chain options are going to look like the 5'5 late bloomer who everyone bullied and then he hit 6'5 over a single summer.

Deribit has secured a VARA Broker-Dealer license in Dubai. Deribit users will soon have access to deeper spot liquidity and a broader range of assets through Coinbase Exchange. Find out more ↓

Deribit Integrates Coinbase Spot Liquidity Following VARA License Approval @Deribitofficial obtains a Virtual Assets Regulatory Authority (VARA) Broker-Dealer license in Dubai, thus kickstarting a strategic collaboration with @Coinbase Exchange. With the new license, Deribit executes all spot trades via institutional order books at Coinbase. This is to offer its customers enhanced liquidity and narrower spreads for $BTC and $ETH, as well as for upcoming tokenized assets.

Stage 1 of Deribit becoming the Coinbase derivatives super power. New professional execution marching engine with ultra-low latency and deep liquidity available to all. Read more 👇 Watch this space for more integration info over the next month.

the put/call ratio on Deribit's $6.09b BTC expiry rose from 0.83 to 1.03, and dealer gamma is unknown, leaving no clean direction for BTC into settlement. the BTC index is 0.34% above $80k, so participants can rebalance hedges and push BTC either way into 08:00 UTC.

🔥VOLATILITY ALERT: A massive $6.36 BILLION Bitcoin options expiry hits Deribit this Friday at 8 AM UTC. Around 81,000 bitcoin:native contracts will expire, with max pain at $69,000 and a put/call ratio of 0.85, setting the stage for sharp price swings as traders reposition.

JUST IN: $15B in Bitcoin options expire Friday at 4:00 AM ET on Deribit. • Bulls in charge: $4.7B set between $50k-$85k. • Bears wiped out: 98% of sell options worthless. Bears lost — zero reason to fight here!

Onchain options is the new DeFi vertical. ethereum:0xb1d1eae60eea9525032a6dcb4c1ce336a1de71be regularly accounts for 5% of Deribit's volume. Only the start; tokenisation, v3, all to come. Covered in @RealVision Pro portfolio since March.

HOT TOPIC: $5B whale bet says bitcoin:native hits $70K Nearly 18% of all Deribit open interest is now stacked at just two strikes. That kind of crowding is either smart money or a trap 👇