$118,015.00
-0.22%$3,652.78
1.72%$3.42
-1.59%$742.36
0.61%$178.05
0.27%$0.999903
0.00%$0.253989
0.08%$3,645.81
1.86%$0.838031
0.67%$0.319742
-1.79%$4,442.86
2.63%$117,921.00
-0.19%$44.84
0.23%$0.460816
-1.20%$3.85
0.91%$18.64
2.70%$0.268511
0.89%$523.03
1.13%$24.60
2.90%$3,920.88
2.05%$0.00001506
-1.20%$113.87
10.37%$3,652.40
1.81%$8.99
0.22%$3.20
-0.54%$0.999992
-0.00%$1.00
-0.15%$4.37
1.28%$44.34
0.01%$117,912.00
-0.24%$10.43
0.97%$327.53
0.72%$1.001
0.00%$0.00001361
0.89%$4.99
-1.11%$322.32
0.03%$415.89
1.06%$0.12079
1.39%$24.73
-1.72%$2.91
0.68%$1.18
-0.00%$5.30
-1.50%$0.445082
-0.51%$1.033
-0.07%$5.84
1.18%$0.463496
16.42%$48.87
0.39%$216.63
0.37%$0.800486
1.05%$0.00003389
0.63%$1.00
0.00%$0.289436
-1.92%$0.094667
1.37%$0.46672
-0.14%$0.02785126
-0.29%$5.04
1.76%$3,652.34
1.64%$1.00
0.04%$0.241595
0.78%$4.19
2.22%$17.24
-0.28%$10.24
0.72%$0.786243
1.80%$0.351513
0.54%$1.16
0.08%$4.50
-0.09%$0.03082554
-0.79%$2.79
-0.38%$1.06
0.00%$0.083843
0.89%$189.01
0.41%$3,823.02
1.79%$4,166.85
1.84%$117,873.00
-0.34%$1.80
0.23%$112.81
1.05%$0.546019
1.16%$0.09747
12.66%$4.95
0.10%$12.09
1.02%$0.00425042
-2.42%$0.994845
-0.36%$0.999849
0.02%$1.44
4.70%$2.00
0.28%$0.02018729
-0.77%$14.23
1.22%$3,839.62
3.91%$4.67
-0.54%$1.002
0.17%$0.988298
0.96%$0.767316
-0.30%$0.00013897
-2.41%$0.844097
-0.27%$3,905.47
2.03%$1.34
0.26%$3,943.79
1.67%$0.390512
1.90%$3,843.89
1.96%$117,832.00
-0.20%$1.00
0.01%$0.619242
3.91%$1.11
53.34%$1.77
0.73%$0.110204
0.78%$1.089
5.06%$199.70
0.14%$1.12
1.95%$0.999435
-0.17%$0.167486
-0.98%$742.27
0.45%$0.607163
2.60%$117,880.00
-0.25%$3,361.10
0.15%$28.48
-0.91%$2.68
-0.08%$1.11
0.10%$119,097.00
0.23%$0.91144
1.28%$0.233583
1.11%$0.01942052
1.78%$232.66
0.21%$1.00
0.02%$3,352.37
0.16%$0.01697348
-1.72%$0.32823
0.20%$3,649.96
1.75%$3,904.01
2.18%$0.134005
0.82%$3,825.63
1.77%$0.89111
-0.80%$2.83
1.07%$4.57
0.58%$9.06
-18.69%$44.06
-1.11%$0.270709
-0.45%$0.00000072
0.73%$111.86
0.00%$1.97
1.74%$3.77
-0.46%$0.434208
3.01%$0.998779
-0.01%$2.06
1.53%$0.999962
-0.00%$0.339433
2.00%$0.25278
-0.83%$117,738.00
-0.11%$3,652.07
1.78%$0.01862726
0.75%$0.00691876
7.04%$1.08
-1.39%$0.00000161
5.26%$30.96
3.35%$0.119974
13.79%$0.436456
-0.79%$0.00872576
-0.48%$1.67
1.66%$0.059003
2.22%$0.997676
0.00%$117,020.00
-1.02%$0.00985271
6.93%$0.345896
-1.46%$3,886.34
1.88%$3,657.61
2.07%$118,167.00
-0.08%$0.548409
-1.56%$1.31
-0.01%$0.682354
0.19%$1.001
0.02%$0.07411
0.36%$3,651.31
1.70%$0.999711
-0.01%$4,029.47
1.85%$44.92
0.40%$0.513229
1.45%$1.16
0.01%$0.677515
1.15%$0.14107
0.08%$7.17
2.56%$52.96
2.26%$0.198013
2.25%$0.998357
0.03%$1.55
-0.17%$7.46
0.22%$17.07
0.73%$0.0000241
7.46%$3,943.07
1.69%$0.395087
-0.43%$0.222478
4.66%$0.429489
2.22%$0.00000046
-1.39%$0.42299
-0.39%$2.72
1.00%$0.317996
-1.01%$3,645.94
2.02%$0.060434
0.17%$10.75
0.00%$44.81
0.24%$0.04375872
1.31%$0.090936
0.83%$3,649.64
1.66%$0.162183
-1.07%$7.36
-8.02%$4,408.06
1.89%$1.093
-0.00%$0.999905
0.01%$0.00408498
1.33%$1.001
1.05%$0.606378
2.57%$0.997137
-0.29%$1.65
0.57%$118,730.00
1.08%$0.00764624
2.03%$149.16
1.19%$1.43
3.02%$0.99993
-0.01%$29.95
3.20%$0.856631
7.34%$194.84
0.46%$0.380946
0.59%$0.0055334
-0.06%$0.575889
0.67%$0.841968
0.62%$0.38506
0.58%$12.80
0.45%$24.67
3.37%$0.00006747
0.79%$0.03771604
-1.12%$4.49
9.68%$0.00410439
9.47%$0.01891098
-1.58%$3,837.68
1.89%$21.73
2.13%$0.00417844
3.09%$117,891.00
-0.17%$0.241151
0.66%$3.96
6.33%$0.03275343
0.49%$0.833623
1.03%$0.747955
0.15%$0.336086
-1.51%$4,110.07
2.14%$0.784944
8.52%$1.066
-1.43%$0.998317
-0.04%$1.00
-0.33%$7.30
-0.27%$0.99983
-0.00%Reading
Highly experimental, decentralizeddecentralized options platform Charm announced its mainnetmainnet launch today, promising users an innovative way to trade Ethereum (ETH) options contracts.
“Charm is a breakthrough Automatic Market Maker (AMM) that can create liquid options on the blockchain. By applying a prediction market scoring rule to the options world, we have invented a new model for options creation, pricing, trading, and settlement,” said the announcement.
In traditional finance, options are contracts that give buyers the right—but not the obligation—to purchase assets at a specified price on a set date in the future, for which they pay sellers a “premium.” In Charm’s case, the only supported asset is currently ETH.
Per the announcement, several key features ostensibly set Charm apart from similar platforms. For example, prices are determined exclusively by supply and demand, so the AMM doesn’t rely on external oracles for pricing.
Top exchanges are pushing lower-tier ones out of the market, a new report from CryptoCompare finds. In its monthly crypto exchange benchmark report, published today, crypto market analytics firm CryptoCompare found that lower-tier exchanges, such as Coinhub and Bitexbook, continue to be squeezed by top exchanges, such as Binance and Coinbase. Top tier exchanges—those with the lowest amount of risk for traders (exchanges are graded on factors such as security, insurance and market quality)—have...
Additionally, users can choose to sell their options before the expiration date to receive their intrinsic and time value.
“So ETH is split up into two payoffs (call and covered call) that sum up to 1 ETH and people can buy either one from a prediction market AMM (since the prices sum up to 1). if they buy a covered call payoff, that's equivalent to holding 1 ETH and writing an ETH call, so they can get short option exposure this way,” Charm developer Max told Decrypt.
At the same time, such options can also be shorted and allow for lower slippage by relying on a single liquidity pool to provide options with different strike prices, the post added.
11. Other benefits
- Options are represented as ERC20 tokens so can easily be composed with other platforms
- You don't need to worry about forgetting to exercise your options - ITM options are automatically exercised and you can claim payout at any time (even 5 years later)— max (@mxwtnb) November 1, 2020
However, the developers constantly stress that Charm is highly experimental and unaudited, urging users to not deposit more funds than they can afford to completely lose.
“Charm is an experimental protocol. It is not regulated, nor is it subjected to the laws and regulations applicable to firms, individuals, partnerships, or solo practitioners. You can lose up to 100% of your funds, with no recourse to compensation. Please ensure you do your own research and understand the risks before continuing,” numerous disclaimers warned.
It was launched as an exclusive cryptocurrency, only for those with deep pockets. But after a vote, now the average Joe will soon be able to buy President Trump-backed WLFI from exchanges. The native token of World Liberty Financial will soon be available for trading to "begin the next phase of community ownership and engagement," according to its website. WLFI is World Liberty's native governance token. In the crypto space, holders of a governance token can vote to make changes to how the proj...
A blockchain researcher accidentally burned approximately $58,000 worth of Pump.fun’s PUMP token on Solana—but he told Decrypt that he isn’t “sad or angry” about the costly mistake. The mistake came after he bought $40,000 worth of the token in Pump.fun’s sought-after token sale on Saturday, which sold out in just 12 minutes. Once the token launched, PUMP debuted at a price of $0.005827, which is 45% higher than its ICO valuation, bringing the unlucky trader’s losses to a total of $58,270. On Su...
Hyperliquid has rapidly become a major player in decentralized finance, but Project X aims to level the playing field on the layer-1 HyperEVM chain that powers it—and seeks to become the frontend for the ecosystem in the process. In a space crowded with teams racing to build similar platforms, the team insists its strategy stands apart. Rather than focusing solely on technical innovation, Project X sits down with Decrypt for an exclusive interview on how it is taking a distribution-first approac...
