With @DeriveXYZ finaly getting the flowers they deserve and the onchain options market expanding, we believe it is the perfect time to introduce our new vision for how options trading should look and feel. HEAT v2 soon.

Options provide leverage without the risk of being directionally right but still liquidated. They provide far more expressivity in monetizing views on future PA. You can trade not just direction, but range, volatility, timing, and magnitude of moves. But options are complex. @heat_fi is a interface for @DeriveXYZ that lets users intuitively visualize the different payoff structures of various options trades + discover alpha from social trading.

Introducing HEAT v2 As one of the original builders in the @DeriveXYZ ecosystem, we are incredibly excited to announce our social trading app for options coming with Derive V3! Place option trades by simply interacting with the chart, follow and copy big traders and more!

maybe a good time to revisit our options ui from @heat_fi built on top of @DeriveXYZ we focused initialy on range and breakout plays which are nice but don't give you that multiple X everybody is chasing, these trades were routed as long/short strangles to derive while abstracting away all the option complexities in the UI instead I think the biggest use case for onchain retail options are these deep OTM bets, with low probability of profit and big upside potential, but most importantly without liquidation risk the most alluring part of options is their assymetric payoff, this gives a unique angle which is not attainable through any other financial instrument onchain, not even perps giving normie users the ability to place these high payout, assymetric bets from a UX that is as simple as placing a 20x long on hyperliquid is something that can find a good PMF in the near future interested to see where derive and onchain options go from here, these past few days ppl been opening a lot of $ETH call spreads on X

What if you could use prediction markets to automate your perp trading? You believe that crude oil will pump if Strait of Hormuz closes? Open a long perp position through @DeFiSaver when probability spikes on @Polymarket .