B-a-day | Crypto

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 it. Crypto built […] The post On-chain options close in on crypto’s $21B-a-day perp market to deepen liquidity everywhere appeared first on CryptoSlate.