On-chain options close in on crypto’s $21B-a-day perp market to deepen liquidity everywhere
CryptoSlate2h agoUpdated 1h ago

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A Bitcoin holder who wants less downside exposure today usually sells the asset or shorts a perpetual futures contract, taking on funding costs and liquidation risk. On-chain options offer a third path consisting of paying a fixed premium, keeping the Bitcoin, and handing the crash risk to whoever is willing to price…
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