Evolution of Centralized Crypto Exchanges Post FTX
In the past year, the landscape of centralized exchanges (CEXs) in the crypto sector has showcased remarkable resilience, a response shaped largely by the fallout from the FTX collapse.
Cega Altcoin Vol Skew
The landscape of yield generation in crypto markets has been varied and innovative, with opportunities ranging from liquidity provisioning on Automated Market Makers (AMMs) to token farming. However, structured products, even with their significant potential for generating yield and nearly $1.5 trillion market share in traditional finance, have not experienced a similar rate of uptake.
Quant finance and crypto: Engagement, not yet a marriage.
Not too long ago, there were numerous memes vilifying traders who found themselves as net sellers of crypto during Asia hours, leaving their Western counterparts to hold up the market. While the intraday seasonality of crypto spot prices has already received ample attention, a significant gap in public research exists regarding the seasonality of implied volatility dynamics in the crypto space.
Getting to Know Pendle Finance
Crypto is widely regarded as a highly volatile asset class, however, interest rates in this domain also display significant volatility, largely due to the extensive use of leverage. In traditional markets, a multi-trillion dollar industry has flourished based on monetizing interest rate fluctuations through a diverse range of derivative contracts.
A Quantitative Analysis of BTC Implied Volatility: Seasonality Alpha
Not too long ago, there were numerous memes vilifying traders who found themselves as net sellers of crypto during Asia hours, leaving their Western counterparts to hold up the market. While the intraday seasonality of crypto spot prices has already received ample attention, a significant gap in public research exists regarding the seasonality of implied volatility dynamics in the crypto space.
Quantitive Frameworks for Selling BTC Volatility
In traditional finance, volatility selling has garnered a somewhat questionable reputation due to its periodic propensity for implosion. Much of this perceived risk can be attributed to the excessive use of leverage when engaging in volatility selling.