Building a more democratic financial system | The future of digital money & market making, liquidity, financial stability. Economics Ph.D.

NYC
Joined June 2010
Raphaele Chappe retweeted
JUST IN: Tim Buckley to step down as CEO of $7.2 trillion asset manager Vanguard. Last month, Vanguard banned all #Bitcoin ETFs from their platform.
1,101
2,509
966
18,301
3,061,285
Raphaele Chappe retweeted
Did you guys hear about SRBs? I'm into options a lot and never saw that, it's like instead of buying an option you're buying right to make money in exact interval if some terms are met? If you have any other sources about this would appreciate sharing Gonna dive into it deeper and will share more info about that and Blast eco soon, source: blog.devol.network/introduci…
1
2
1
13
1,231
Something's got to give.
Readers added context they thought people might want to know
This series is comparing nominal rents to real (that is, inflation adjusted) income. The difference in the series is largely because income is inflation adjusted but rent is not. twitter.com/AColavi/status…
187
3,622
646
14,631
2,607,792
Raphaele Chappe retweeted
🔊Exciting developments are happening on DeVol! #Bitcoin option volumes are picking up. 🚂 Bigger liquidity pools 🫧 are coming, giving users the ability to trade SIZE. And #Solana options are launching next. 🚀
1
5
418
Raphaele Chappe retweeted
We bet they wish they had zero counterparty risk: 💣 AIG - 2008 💣 Archegos/Credit Suisse - 2021 💣 Celsius - 2022 💣 FTX - 2022 💣 Silicon Valley Bank - 2023 💣 Signature Bank - 2023 Our new Medium piece dives deep 🤿 on how DeVol solves counterparty trading risk for derivatives w/ a breakthrough AMM that delivers zero-bid ask spreads & 95 granular option strikes. 🛡️👇 blog.devol.network/introduci… Experience the DeVol difference with on-chain #Bitcoin options. 📉📈👇 devol.network/
2
1
9
599
Raphaele Chappe retweeted
Drumroll please…🥁 We are thrilled to announce the Soft Launch of the DeVol Platform! 🎉👇 devol.network/ The migration to @Solana mainnet has successfully completed, and the DeVol Platform is now live for on-chain #Bitcoin options trading. 📉📈 Powered by a breakthrough AMM that eliminates counterparty risk for derivatives, users on the DeVol Platform can trade fully collateralized, on-chain options with unified liquidity 🫧 & no bid-ask spread. No other Defi protocol or platform can make this claim for derivatives, which means that they are no less vulnerable than the TradFi platforms that came before them. 🤌 We are excited to continue building our suite of products, and helping traders around the world find their edge. 🗡️ Thank you for being part of the growing global DeVol community. Happy trading! 🚀
5
1
8
430
Raphaele Chappe retweeted
Want to run backtests for different #Bitcoin & #Ethereum options strategies? The DeVol Analytics Backtest report has you covered. 👇 analytics.devol.network/?pag… Easily view the historical performance of various profit indicators: 🤑 ⚡ Daily P&L: to see profitability on a daily basis ⚡ Cumulative P&L: to see profitability over time ⚡ Sharpe Ratio: to see the return per unit of risk ⚡ Percent Positive: to see the % of positive/negative returns in a given time window ⚡ Payoff: to view payoff diagrams Here’s a Backtest tutorial video to help you learn more! 🚀👇 youtu.be/B5QiIbZvuQU
3
5
312
Raphaele Chappe retweeted
Zoltan Poszar On The Global Financial System's "Monetary Divorce" From Dollar Hegemony zerohedge.com/markets/zoltan…
12
74
4
194
103,653
Raphaele Chappe retweeted
Want to understand the skew structure and become better at crypto #OptionsTrading? 📉📈 Check out part 2 of our deep-dive 🤿 Medium piece on "Building Statistically Informed Trades with DeVol Analytics"! 👇 blog.devol.network/building-… Discover the best #Bitcoin & #Ethereum volatility reports available: 🦾 ⚡️ Options Scanner ⚡️ VOL Surface ⚡️ Skew ⚡️ Strategy In this Medium piece, learn how DeVol Analytics gives you the tools to create custom trading rules & run backtests to maintain profits while lowering volatility. 🤯
2
4
248
Raphaele Chappe retweeted
What is ignored or neglected by the media -- but will be studied by historians? Here's the full list of 25 examples:
1,219
19,099
2,691
94,405
25,137,730
Raphaele Chappe retweeted
Ready to sell crypto #options and harvest the “volatility risk premium”? 🧑‍🌾 Develop a yield generating strategy that’s right for you with DeVol Analytics. 👇 analytics.devol.network/ In the Volatility tab, you can plot Realized Volatility (RV) and Implied Volatility (IV) to see the difference between the two over time. 👀 First select #BTC for both Currency 1 & 2. For Volatility 1, select "Implied" with a Moneyness (%) of 100% (meaning the strike is 100% of spot). This is ATM IV. For Volatility 2, select "Realized." You can select Trailing (RV for preceding time window) or Forward (RV over the following time window). Select Forward. For the time to expiration, select a Window size of 7 days for both. The Volatility Pairs chart at the top will show the evolution of ATM IV and RV over time. The Volatility Comparison chart on the bottom plots the difference between the two over time, showing the volatility risk premium (VRP). When the VRP is positive (above the zero line), that’s when juicy profits were collected by selling vol. 🤑 However, you can see the spike in RV in March 2020 was mirrored by a big drop in the VRP. In this instance, a short volatility strategy wipes you out. 😢 On the left, if you click on Distribution instead of Curve, the bottom chart will show a box plot with distributional information. The median VRP is 9.96%, meaning this is the minimum you would expect to receive 50% of the time. Statistically, IV tends to exceed RV, which means harvesting the VRP is a winning strategy over time. If you use trailing volatility (instead of forward) to estimate the VRP, you can also see where you are today (green dot). Here, the VRP looks decently juicy at the third quantile (i.e. higher than 75% of the time). 🤌 Note that these charts are fully customizable. You can plot any pair you like to run all sorts of comparisons. It could be implied volatility for BTC vs. ETH, 80% vs. 120% moneyness, 30 vs. 60 day expirations, etc. The sky’s the limit. 🚀 Our next tweet will show you how to use DeVol Analytics to avoid those big, scary losses that can wipe you out when selling options. How? By focusing on harvesting the VRP at opportune times so that the odds are in your favor. 🎯
3
6
385
Raphaele Chappe retweeted
New UI Sneak peak 👀 DeVol Analytics has already launched. 👇 analytics.devol.network/ Mainnet launch for AMM options trading on the DeVol Platform is around the corner. 🚀 Our vision for a complete crypto options solution is being realized. Plan. Build. Execute. Only on DeVol. 🎯
1
6
350
Raphaele Chappe retweeted
Looking for the right tools 🛠️ to become a better options trader? 🎯 DeVol Analytics, currently in public beta, is a state-of-the-art platform that empowers you to make better & more informed trading decisions. 👇 analytics.devol.network/ ⚡️Study strategy performance in different market contexts. ⚡️Learn when to harvest the volatility risk premium. ⚡️Understand low vol vs cheap vol. ⚡️Plot historical volatility, both implied or realized (trailing or forward), w/ a range of days to expiration. ⚡️View 👀 full order book info (open interest, volume, & bid-ask) from different exchanges. ⚡️Study the bid-ask smile 😀. ⚡️Use the options scanner to spot arbitrage opportunities in real-time. ⚡️Compare implied vol for puts and calls w/ customizable skew indicators. ⚡️Review historical data & define profit zones with a scatter plot of call vs put IV. ⚡️Apply deep learning techniques to see groupings & patterns in data. ⚡️Backtest various products and strategies including call/put, risk reversal, straddle/strangle, and spreads. For a deeper dive 🤿, check out our Medium piece. 👇 blog.devol.network/the-untap…
1
8
6
34
6,487
Raphaele Chappe retweeted
When trading spot, liquidity is critical. 🫧 And it's even more important with #options since there are so many different strikes and expirations that can cause liquidity fragmentation. The last thing a crypto options trader wants is liquidity drying up when it's needed most, causing the bid-ask spread to get wider than the Grand Canyon. But it happens all too frequently! 😤 This is a big reason why crypto options trading volume is only about 2% of crypto spot trading volume. Meanwhile, options volume in TradFi is over 100% of spot volume! The opportunity to bridge the gap is huge. 🤯 At DeVol, our mission is to always guarantee a price for liquidity takers at all strikes. 🫡 We did this with a novel AMM that delivers liquidity for a minimum of 95 strikes in a given trading pair and expiration, and gives traders lots of benefits: ⚡️No bid-ask spreads (bye bye market makers, hello liquidity providers!) ⚡️No counterparty trading risk 🛡️ ⚡️Reduced negative selection ⚡️On-chain price discovery ⛓️ ⚡️Deterministic pricing ⚡️Pay less for more legs w/ atomic execution ⚡️10x pre-trade capital efficiency Here's a Medium piece that describes the problem facing crypto options, and how DeVol solves it. 🤌 blog.devol.network/the-untap…
3
1
5
595
Raphaele Chappe retweeted
Looking for a self-custody, crypto derivatives trading solution? Itching to say adios to market makers? Hunting for fortune & glory? We got you covered. 🎯 Crypto #OptionsTrading on the DeVol platform is powered by an AMM that delivers the following benefits: ⚡️ Low fees ⚡️ No bid-ask spread ⚡️ Pay less for more legs w/ atomic execution ⚡️ Liquidity across all strikes 🫧 ⚡️ Self custody ⚡️ No trading counterparty risk 🛡️ ⚡️ Reduced negative selection ⚡️ Equal informational playing field ⚡️ On-chain price discovery ⛓️ ⚡️ Anyone can be an LP🫡 Join the Discord community for questions & feedback.👇 discord.com/invite/R8Xz8AGvr… Read our Medium posts for more information. 👇 blog.devol.network/ Watch our YouTube channel for options strategies 👇 youtube.com/@DeVolNetwork Your trading adventure on @solana and #OnPolygon is about to begin! 🚀
2
2
2
439
Raphaele Chappe retweeted
JUST IN: 🇺🇸 FED Chair Jerome Powell says "we see stablecoins as a form of money."
789
3,031
626
13,633
1,799,158
Raphaele Chappe retweeted
Sign up for next week's @blockworks webinar that dives into on-chain #options & #futures trading📉📈 Join @JuanDMendieta from @keyrock, Simon Nursey from @QCPCapital, & DeVol's @Levshin1972 on the future of derivatives! 🗓️June 29th, 3pm UTC.👇 blockworks.co/webinar/the-ne…
7
1
9
745
Raphaele Chappe retweeted
1/ Are you ready for real-time crypto volatility data and AI tools 🤖⚒️ to unlock market opportunities? An overview of the state-of-the-art DeVol Analytics platform that allows options traders of all levels to make better & more informed decisions. Let’s dive in 🧵
1
3
7
460
Raphaele Chappe retweeted
What would it take for crypto to have a new bull market? The real answer nobody's talking about:
128
290
92
1,105
402,996
Raphaele Chappe retweeted
Bitcoin volatility is sitting at historic lows, but on-chain data and the options market points to an eventual sharp directional move. cointelegraph.com/news/bitco…
34
17
2
57
32,558