Crypto Options Trading a Surging Market Where Competition is Fierce
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Attendees at the TOKEN2049 event in Singapore were told by organizers that they were the people that would ‘define what’s next’in the crypto space.
A bold claim, but perhaps an accurate reflection of an industry that needs to repurpose itself after March’s precipitous fall.
Indeed, since the crypto crash, the media has filled thousands of pages and hours of airtime with, for example, the (now cliché) analysis of the instability of stablecoins and the generally frothy markets of the past five years.
Despite the warnings of numerous commentators, TOKEN2049 demonstrated that the media lack a clear understanding of the decisions truly driving the industry, those which are largely related to how users trade crypto, not what they trade.
The surge in offerings in the options trading space epitomizes this new approach, with options now seen as the cure to lower returns and a hedge against uncertainty in the market’s immediate future.
Yet such is the rate of churn in the industry that even established leaders in derivatives are struggling to fully capitalize on the increased popularity of options trading.
In addition, much of the delta on investments in the current bear market is low, making trading options a more desirable asset class in an environment characterized by volatility.
The market has been blown open as a result, with different exchanges competing to capture a lucrative share.
Crypto heavyweight Deribit – normally a helpful weathervane of market sentiment - is focused on incremental liquidation and off-exchange settlement, what some might call the traditional route. Other big players in options trading, however, have struck out
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