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.
3,101 documents
The guide outlines Vertex’s hybrid exchange design and describes how a trader can connect a wallet, configure an account, and access perpetual and spot markets through FMZ. It explains unified liquidity across supported chains, off-chain order matching with…
The article outlines a way to shortlist Binance USDT spot pairs for grid trading. It frames grids as strategies that seek repeated buy and sell opportunities within fluctuating prices, so the screening process favors substantial daily ranges while filtering…
This weekly commentary interprets BTC and ETH options activity alongside spot price moves. For BTC, the author notes the 60,000 level, a shift in put protection toward the 50,000 strike, and renewed call spread buying. ETH’s move above 2,000 coincides with…
This explainer describes Bitcoin’s halving schedule, in which the block subsidy is reduced by half every 210,000 blocks, roughly every four years. It connects the schedule to the gradual reduction in newly issued BTC and explains the 21 million supply cap as…
The document introduces PAX Gold, an Ethereum token designed to represent one troy ounce of gold backed by allocated bullion. It describes trading access through spot markets, perpetuals, dated futures, and options, and explains how tokenized gold can be…
The document compares how large traders execute Bitcoin spot trades through exchanges and institutional over-the-counter brokers. Exchange users must first transfer dollars or Bitcoin, wait for funds to clear, and then place orders; delays can leave the…
This podcast description outlines an interview about the institutional crypto landscape. Matt Hougan presents a valuation argument in which Bitcoin could reach one million dollars if it captures 17% of a growing global store-of-value market. The episode also…
This commentary separates a Bitcoin-led rally, associated with expectations for a spot ETF, from a broader crypto and risk-asset advance that coincided with stronger equities. It compares Bitcoin and Ethereum performance, BTC dominance, and gains in several…
This exchange update explains Deribit’s phased routing of selected spot pairs to Coinbase Exchange liquidity, beginning with BNB-USDC. Routed markets remain accessible through Deribit’s interface, while using Coinbase liquidity and trading specifications.…
This notice explains eligibility expansion for a centralized exchange’s USDC reward program, effective August 1, 2026, and describes how payments are calculated. Each day at 00:00 UTC, the exchange records the lowest USDC equity held during the preceding 24…
This article compares centralized finance and decentralized finance approaches to crypto margin trading. It describes centralized exchange systems in which spot, margin, and funding balances are separated, with exchanges intermediating between lenders and…
This exchange notice explains a scheduled increase in the minimum price increments for BTC and ETH spot pairs quoted in USDC and USDT. Tick size determines the smallest permitted price step for an order. The notice gives the new increments and says that…
This market commentary weighs a modest Bitcoin rebound against continued macroeconomic and crypto-specific risks. It describes crypto’s recent underperformance relative to equities, links short-term sentiment to concern about technology valuations and…
The article links Bitcoin’s past halving-year rallies to a proposed supply-and-demand mechanism: miners reduce the flow of coins onto exchanges while new investment demand continues. It compares estimated spot ETF inflows with annual mining issuance and with…
This commentary tracks a sharp decline in the 90-day rolling correlation of daily Bitcoin and Ether spot returns, alongside a recovery in both assets’ implied volatility. It compares the recent divergence with late 2020 and early 2021, when Bitcoin…
This company update reports Deribit’s trading activity and operational developments for 2024. It states that total platform volume rose 95% year over year to USD 1.185 trillion, while options notional volume increased 99% to USD 743 billion. The fourth…
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,…
The article surveys four financial services that could expand as banks and crypto firms deepen their involvement in Bitcoin markets: custody, Bitcoin-backed lending, immediate fiat-to-stablecoin conversion, and yield generation. It frames custody as a way to…
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 macro essay compares the development of crypto with the NASDAQ through four proposed phases: adoption, a crash, consolidation, and rapid speculative growth. It argues that crypto may move through these phases faster, potentially because of expanding…
The article explains how BUIDL works on Deribit as a tokenized fund backed by short-term US Treasuries and overnight repo. Its token is designed to stay near one dollar, while investment returns are distributed to holders. On Deribit, rewards are based on…
The document outlines Deribit FZE’s virtual asset service provider license from Dubai’s Virtual Assets Regulatory Authority. The license covers spot virtual assets for all investor classifications and virtual asset derivatives for qualified and institutional…
This guide explains how Deribit’s USDT deposits and spot markets could be used to move funds between supported currencies. It describes three spot pairs—BTC/USDT, ETH/USDT, and USDT/USDC—and notes that users could deposit USDT directly before exchanging it…
This market commentary examines how US political statements about Bitcoin reserves, crypto regulation, and agency leadership may affect sentiment toward digital assets. It describes a pullback in Bitcoin after a high-profile speech, while suggesting that…