Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
9,797 documents
This educational overview introduces HYPE futures, perpetuals, and options, then explains how traders can use them for directional exposure, hedging, basis trades, and income-oriented positions. It defines core option terms and illustrates puts, calls,…
This weekly report summarizes Bitcoin and Ether derivatives conditions using futures-implied yields, at-the-money implied volatility, volatility surfaces, and SABR volatility-smile skew. It reports that Bitcoin futures remained below spot and Ether futures…
The document describes a temporary reward promotion for eligible USDC held on Deribit from November 18 through the end of December 2025. The first 250,000 USDC across an account’s main and subaccounts earns 7.5% APR; any balance above that threshold earns…
This weekly market note reviews Bitcoin and Ether futures, perpetual swap funding, and options volatility and skew after ETF-related event risk had passed. It reports annualised futures yields near 10% for both assets, alongside consistently positive…
This weekly review examines a sharp crypto market decline associated with spot selling and uncertainty about Federal Reserve policy. It distinguishes the episode from a derivatives-driven liquidation shock: the article reports that hedging remained available…
This weekly market recap uses options implied volatility, volatility skew, perpetual swap funding, and futures basis to compare positioning in Bitcoin and Ether. It reports that short-dated implied volatility declined ahead of the Federal Reserve meeting…
This weekly market recap describes how the FTX collapse shaped BTC and ETH derivatives. Annualized futures yields remained below zero for both assets, while BTC at-the-money implied volatility rose gradually from post-collapse levels and ETH volatility…
This weekly report compares BTC and ETH derivatives during a rally associated with improved sentiment around traditional financial institutions entering crypto. It highlights a divergence: both spot assets rose, but BTC options carried higher implied…
This weekly report tracks BTC and ETH derivatives after both spot markets retreated from local highs. It interprets the move as a familiar reduction in leveraged long exposure: futures yields and perpetual funding fell, while options skew shifted toward…
This weekly recap compares BTC and ETH derivatives through futures-implied yields, perpetual swap funding, at-the-money implied volatility, and 25-delta risk reversals. It describes spot prices as range-bound after a recovery, BTC yields as broadly flat, and…
This weekly market recap reviews futures yields, perpetual swap funding, and BTC and ETH options conditions. It reports futures-implied yields near zero across BTC tenors, while ETH’s one-week yield is negative and longer tenors sit slightly above zero.…
The article examines a sharp December 2021 crypto selloff amid worries that the Federal Reserve would taper asset purchases faster and raise rates sooner. It connects macro news and weak equity markets with a broad risk asset decline, then describes how spot…
This weekly report interprets Bitcoin and Ether derivatives pricing in the run-up to the U.S. election. It compares short and long option maturities, futures premiums, funding rates, and option skew to describe a mixed near-term picture alongside more…
This commentary examines BTC and ETH derivatives positioning after a mid-August selloff. It compares at-the-money implied volatility across maturities, volatility smile steepness, and one-month 25-delta risk reversals. The report says spot prices were…
This weekly report reviews crypto derivatives positioning through futures-implied yields and options volatility measures for BTC and ETH. It describes BTC futures yields moving closer to zero as a spot rally loses momentum, while BTC at-the-money implied…
This report reviews how BTC and ETH derivatives responded to a spot-market selloff. Short-dated implied volatility briefly rose above longer-dated volatility, inverting the term structure, before volatility fell. ETH implied volatility remained five to ten…
This weekly market review tracks BTC and ETH futures yields, perpetual swap funding, and options volatility. It reports that annualized yields for both assets rose, reaching levels last seen around the buildup of leverage before BTC’s ETF announcement.…
This weekly report reviews BTC and ETH futures yields, perpetual swap funding, options volatility, and volatility skews. It describes a rebound in spot prices after a selloff, alongside increases in at-the-money implied volatility that did not break the…
This weekly report examines BTC and ETH futures, perpetual swap funding, and options volatility. It describes implied volatility falling in both assets after early-January ETF event risk had passed. Although volatility declined, out-of-the-money call…
This weekly market recap connects macroeconomic commentary about the Federal Reserve with moves in BTC and ETH derivatives. It reports that both assets’ implied volatility rose across the curve as spot prices fell. BTC futures positioning appeared less…
This weekly report surveys BTC and ETH derivatives through futures yields, perpetual swap funding, at-the-money implied volatility, volatility surfaces, and SABR skew. It describes futures trading above spot across sub-year tenors for BTC and ETH, alongside…
This weekly report reviews Bitcoin and Ether derivatives during a sharp spot rally followed by some retracement. It tracks three directional indicators—options smile skew, perpetual swap funding, and futures-implied spot yields—and describes each rising with…
This weekly report summarizes Bitcoin and Ether derivatives after the ETF announcement event. It describes front-end implied volatility falling as event risk passed, while both term structures remained moderately inverted. Demand for short-dated…
This weekly report reviews BTC and ETH derivatives during a broad crypto selloff in November 2025. It describes falling spot prices, elevated implied volatility, and options smiles skewed toward puts, suggesting demand for downside protection. ETH showed…