Options Trading on DeFi

[Sprout]

Any options traders out there using DeFi protocols? Looking to understand how to short an (anytoken)-FTM-LP

https://twitter.com/x/status/1396113567716417541

 

[ZBZB]

www.derebit.com is the main bitcoin and ethereum options market.

 

[The_Krakenite]

Absolutely refuse to trade derivatives on smart-contracts. Just looking for trouble there.

IBKR all the way...

 

[Sprout]

www.derebit.com is the main bitcoin and ethereum options market.

Thank you. I'm looking for permissionless DeFi where one can add exotic assets or LP's.

 

[Sprout]

Absolutely refuse to trade derivatives on smart-contracts. Just looking for trouble there.

IBKR all the way...

They are a dinosaur. I'm looking for more cutting edge or bleeding edge what-ever-the-case may be.

 

[Sprout]

Recently came across a strategy that allows creating delta-neutral positions earning high yield on stablecoin pairings using Tarot.

 

[Sprout]

Curious what this project will deliver and what type of value they will unlock.

https://twitter.com/x/status/1486038650345381891

 

[The_Krakenite]

What you mean is, you're looking to lose everything due to hacks and smart-contract bugs and third-party counter-risk.

 

[Sprout]

What you mean is, you're looking to lose everything due to hacks and smart-contract bugs and third-party counter-risk.

Valid criticisms, well noted and *raises hand* have personally experienced all three.

Each of those risks can be mitigated to a degree, thus the intent of my inquiry.

 

[The_Krakenite]

IBKR and the OCC fix all those issues. And the fees are ridiculously cheap.