Odyssey retweeted
The institutions are here.
@eth_strategy is the first onchain ETH treasury; issuing convertible debt to buy ETH, giving bonders cheap, near-riskless leverage if ETH rallies. Think of it as an onchain MSTR.
The innovation? ETH Strategy is a natural options seller. By selling volatility, it turns market demand for options into steady funding for its levered ETH bet.
Derive built the first vault on top; the Perpetual Note Vault.
• Bond stables into ETH Strategy
• Convert to ETH and sell covered calls on Derive
• Recycle profits back into the treasury
Backtests (2022–2025) show 8–24% USD yield with no liquidation risk.
Bonders keep exposure to ETH & STRAT while earning yield in stables; with more favorable terms than conventional bonding.
ALT A perfect complement.
ETH Strategy today announces a strategic partnership with Derive to launch our Perpetual Note Vault. This new product targets USD-denominated yield using STRAT convertible notes on Ethereum as the base and options on Derive Chain for execution.
blog.ethstrat.xyz/derive-vau…
Odyssey retweeted
$5M in fees under a year of Derive V2.
Now with Derive Pro; we’ve cut the cost to trade options by 60% just as the sector is picking up.
Onwards and upwards.
Odyssey retweeted
Big thanks to @AWSstartups Web3 team for choosing us as their June feature! Building an institutional-grade orderbook isn't easy.
Derive Pro is what this infrastructure was built for: a capital-efficient engine with smarter risk, collateral and options liquidity.
Our work with AWS: aws.amazon.com/blogs/web3/ho…
Odyssey retweeted
Introducing Derive Pro, the most customizable trading interface.
Shape your strategy with modular tools, enjoy 2-3x better capital efficiency, and experience lightning-fast execution that rivals top CEXs.
Customization. Capital Efficiency. Speed.
Odyssey retweeted
I asked these mofos if they are ready to give the degens what they want? They said fuck yes 0-day-options.
It’s going to be fucking lit.
Giddy up, @CryptoHayes 🐎
@MaelstromFund have made a strategic investment into Derive.
Arthur Hayes pioneered crypto derivatives with BitMEX, played a significant role advising our friends at @ethena, and is now doing the same at Derive.
ALT Arthur Hayes
Odyssey retweeted
Deriv อาจเป็น the next HYPE
Let's go. Ref here.
derive.xyz/invite/B5PGV
Odyssey retweeted
$53m in 24 hour volume, $178m open interest, $75m TVL, more markets by the day.
Derive taking flight ✈️
Odyssey retweeted
Real yield จริงๆ ที่ไม่ใช่มาจาก การแจก Token (inflation)
Yield นี้สามารถรับ volume ได้เยอะมากๆ ไม่ต้องรอ users มาใช้สินค้าเหมือน protocols อื่นๆ
Lyra เป็นที่เดียวที่สามารถสร้าง yield แบบนี้ได้
Week 1, $40,000 (8.92% p.a.) in real yield paid to @ether_fi, @swellnetworkio and @kelpDAO vaults.
Depositors also earned boosted $LDX, $EIGEN, LRT points and $ETH staking rewards.
Deposit to join week 2 → lyra.finance/yield
Odyssey retweeted
My thesis is simple.
Pick the best long-lasting business from the existing world, AND
Pick the best network on the blockchain.
#LyraDerivativesNetwork
Odyssey retweeted
Based Lyra 🔵
Starting today, Lyra is available from Base with free deposits for all Base users.
Odyssey retweeted
จุดจบของ $SNX Inflatiooooon 🥳
I just voted "sYES" on "SIP-2043: End SNX inflation " Synthetix SCCP/SIP #Snapshot gov.synthetix.io/#/snxgov.et…
Odyssey retweeted
#Airdrop 5,000,000 $PIRA Mainnet for “Base Introduced” or “Base and Optimism” NFTs Holders
👉 To do:
1/ Follow @PiraFinance, Like, RT
2/ Join Discord: discord.gg/PrVTnBEnaa
3/ Submit wallet: forms.gle/2aX2yv58fQuX9rhz9
📸 Snapshot at 00:00 UTC 27th July
#PiraFinance #BuildOnBase
Odyssey retweeted
Miss an OG role on Discord? Don't worry. Here is an another great chance to get a reserved slot on private sale round!
1) Follow @apetimism
2) Retweet this tweet
50 lucky winners will be randomly picked to get a whitelist into private sale. Result will be announced by 05/18/22