Paradigm
@tradeparadigm
Followers
17K
Following
6K
Media
2K
Statuses
7K
Institutional Grade Liquidity for Crypto Derivatives! Join: https://t.co/OEwd5lfMDp Mkt Insights: https://t.co/KMFIMTwL1Q Trade Tape: https://t.co/D576J7yskm Support: https://t.co/5OtAkGVKPc
Singapore 💜
Joined January 2019
Paradigm expands into linear altcoin options trading by executing its first @0xPolygon (MATIC) block trade on @DeribitExchange, facilitated by @TradeParadigm in partnership with @GalaxyHQ and @QCPgroup. a thread 🧵. 1/11
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1/ We made the difficult decision to cut salaries across the board by 15% this week 😢. Post FTX's collapse, it is clear the contagion is deep and wide and like many of our clients and peers, we are not immune.
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🔥 We have teamed up with @Bybit_Official to expand our liquidity network even further! . ☑️ Cheaper fees on spreads! NO fees for 2nd leg.☑️ Products include: BTC and ETH futures, XRP and EOS Perps. Learn more and start trading today:
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1/ Worried about going to the wife's family house in the Hamptons because your brother-in-law, who works at JP, is going to lecture you on how to build generational wealth with Bonds again? . Don't get rekt during cocktail hour. Here's what you do. 👇
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Spread trading on @FTX_Official via Paradigm is going parabolic🚀🚀. Had our first $50m day yesterday 💥💥. Mot popular spreads were $BTC Spot/Perp ($42m) and $ETH Spot/Perp ($8m)
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How do we go about building better Option vaults for you, the user? 🫡. The @0xPolygon DeFi team (@zeroaxelol, @eshanaagarwal_, @0xbeamish) have a few suggestions. You won't want to miss Part 1 in this series! 👇.
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🔥 FTX Futures Spreads on Paradigm are LIVE! 🔥 . Paradigm and @FTX_Official users can now trade the spread between spot, perps and fixed maturity futures on $BTC, $ETH, $SOL, $AVAX, $APE, $DOGE, $LINK and $LTC with a single click and no leg risk. 1/5 🧵.
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Anndddd we 👏 are 👏 live ‼️. Start trading $NEAR, $ADA, $AAVE, $DOT, $AXS, $ATOM, $XRP and $EOS futures spread via @FTX_Official now 🌊🥳.
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Congrats to @Arbelosxyz for reaching the top spot on the Paradigm leaderboard this month as the #1 provider of block liquidity globally. As a relative newcomer to the space, they are punching above their weight. @joshua_j_lim and @ShiliangTang showing the world what an
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BIG week for @ribbonfinance auctions on @tradeparadigm:. 2 chains: @ethereum, @avalancheavax (yes, we are now x-chain!🔥🔥). 3 assets/4 auctions: BTC, AAVE and newbie AVAX. Winners:@QCPCapital (BTCc,AVAXp) and @AlamedaResearch (AAVEc,AVAXc)🥳. All options beat screen if any!.
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💥Monster prints from early this morning on Paradigm. 31Dec 22k Puts trading 500x (500 BTC).31Dec 20k Puts trading 500x (500 BTC). cleared on .@DeribitExchange . Impossible to get liquidity on demand for this kind of size directly on the order-book!
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🔥Unbelievably tight spread pricing for @Bybit_Official future spreads on @tradeparadigm!. Perp-Sep22 1m x 1m quoted $0.50 wide 🤯.Mar22-Sep22 1m x 1m quoted $0.50 wide 🤯
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The largest $BTC trade of the year in contract terms was just bought on the CME. 🚀🚀🚀. This trade was blocked in two 1000x clips. 👇. Call Fly: 2000x Jun-23 40k/50k/55k bought. Daily commentary:
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Insight 👉Bitcoin is energy. @Melt_Dem's energy background obvious here. The transformation of energy into something that is instantly portable is mind-bending. 👇 map of excess nat gas flaring across the US. Now imagine all that extra gas being used to mine BTC.
@jimcollinson it makes energy mutable, portable, storable, and transferable by turning it into money. for example, Morocco has lots of solar but no industrial activity (manufacturing) to turn that energy into economic activity. but they can turn that energy into $ by mining bitcoin.
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🎉 We are very excited to announce the closing of our Series A co-led by @jumpcapital and Alameda Ventures!. ➡️
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Sneak peek of 1-Click Basis Trading on @FTX_Official via @tradeparadigm 👀 😍. Dropping on production on July 13🔥🔥. Sign up👉
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We are happy to announce the formation of Paradigm Insights, a content-based addition to the family - we will be doing regular pieces on interesting topics (market dislocations/new projects/crypto history) as chosen by YOU, our most valued clients! 🧵1/10.
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In Nov 20, @tradeparadigm launched v1 of our flagship RFQ product. The product was an immediate success and drove a ~5x growth in volumes. Next week we will launch v2 of our RFQ (GRFQs). Here's why we built v2. <7 months later. Thread 👇
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Excited to be co-launching the world’s first institutional block-trading solution for crypto-options with @DeribitExchange ! Say goodbye to manually executing large derivatives trades over Skype and Telegram. Nice job, @celiawan2 and @fintechfrank .
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🚩Super excited to share a series of BIG announcements today! . 👉 Closed a strategic financing round led by @dragonfly_cap!.👉 Launch of Automated + Multi-dealer RFQ trading.👉 Block volumes exceed $1.5 Billion.👉 Partnership with @GenesisVol!. Thread👇.
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Introducing our new podcast, The Shift by Paradigm 💫. We chat with experts and thought leaders navigating the shifting landscape of crypto 🛠️. Episode 1 features Sean Ballard of @jump_ Crypto discussing trading, defi, regulation and pig farming 🤔. 🐷👇.
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💥First @ribbonfinance wBTC auction on Paradigm! 💥. Congratulations @ledger_prime on winning!! 🎉🎉. @ribbonfinance vault holders got 6 bps better than the Deribit screen price at the time of the auction!!🚀🚀
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Thrilled to announce that @tradeparadigm is enriching the ever-growing DOV space by partnering with @ribbonfinance. With this partnership, Paradigm will host auctions for the largest DOV protocol and will be the first step for us into DeFi!.
We’re excited to announce our partnership with @tradeparadigm as their first DOV integration 🎉. Paradigm’s liquidity network and auction mechanisms will improve our vault’s pricing and yield for our users 📈. Read more👇
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👇Paradigm saved an average of 2.4 ticks (12bps) on 67% of @DeribitExchange BTC Option Trades in October #facts. If you're not on @tradeparadigm, you are losing $$
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Investors are dumping Euro's and $GBP for $BTC in record numbers. 🤯
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💡.- We analyzed all Paradigm BTC Option block trades on Deribit between Jun-Aug 20.- A total of $620M over 378 transactions.- Here's what we found. (Spoiler: if you aren't on @tradeparadigm, you are losing $$). Thread 👇
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1/ Forget that healthy morning routine every influencer is pushing. You're not going to stick to it anyway. This is my morning routine. Step 1: Get axes 🪓.Step 2: Get money 💰. Let me explain.👇 (no juice, or ice bath required). A thread by "The Intern." NFA
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1/ What is "Basis" and how do we use it to make money?. Let me explain it in very simple terms. 👇. But first, an inspirational quote from Warren Buffet on how he made his Billions. (Not Financial Advise)
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Top 6 Books for Options Traders. 📚. 1. "Options, Futures, and Other Derivatives" by John C. Hull. 2. "Option Volatility and Pricing: Advanced Trading Strategies and Techniques" by Sheldon Natenberg. 3. "The Options Playbook" by Brian Overby and TradeKing. 4. "Trading Options.
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Paradigm Insights dives into the crypto yield curve in a multi-part series - here we look at the history of the Crypto and TradFi interest rate curve and how perpetuals have driven the two markets in different directions! 🤔 🛠️ 🔥. Read all about it here:.
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Someone just bought 25,000x $ETH 2400/2700 Call Spreads that expire May 26th on @tradeparadigm. wow
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2/ Salary cuts reduce the need for layoffs seen across the ecosystem and have a lesser impact on org momentum.
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3/ These are tough times but we must do the hard thing and retain the financial flexibility to navigate the turbulent times we find ourselves in as an industry🙏.
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BEST 👏MONTH 👏EVER 👏!. @tradeparadigm smashing through August highs with our first 500K BTC month!! 🔥🔥🔥. Our size is size. All stats available here. 👇.
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Calculating and capturing liquidation levels on GMX. 📉. Insightful Read. 👇.
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Paradigm Insights just published a very interesting piece by @samchepal at @ledger_prime – How To Quantitatively Price @stablekwon ‘s Luna Binary Bet 👇.
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💥FRIDAY NIGHT LIGHTS 💥. Nearly ~2K of calls trading via block in the last 60 minutes on @DeribitExchange !!!!!! . Unbelievable liquidity only via @tradeparadigm
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We just published an EXCELLENT piece by @ExcellRichard, a 30-year veteran of TradFi markets, who looks at the role of Institutional Money in Crypto through the lens of his TradFi experience - it's not always a blessing and can be a curse! 🧵.
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Exotic Options are a staple in Tradfi but are only now making their way into crypto. Our latest piece written by @laevitas1 explains what a powerful tool these can be if you understand them. Learn how you can use Exotics properly by starting here.👇.
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DOVs are changing the Vol landscape with @ribbonfinance birthing an entire industry. @tradeparadigm will soon host the auctions for most the leading DOV protocols 🔥🔥🎆. @ribbonfinance @ThetaNuts @friktion_labs @StakeDAOHQ @exotic_markets_ 🤝.
if i were to guess, that probably puts us in the top 10 largest systematic options sellers in the world across both cefi and defi. $1b+ of notional every month and growing, probably $1b of notional every week by EOY.
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Super excited to announce that Future Spread Orderbooks on @DeribitExchange and @Bybit_Official are now LIVE!!!! 🔥🔥. ✅ Trade Future Spreads as a single structure using a central-limit order book. Sign up today 👇 .
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Basis on @DeribitExchange looks juicy. our clients agree. Future Spreads on @tradeparadigm are 🚀
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🚩Our first Billion in a single month! 🎉. Thank you goes to all our clients! This is the best feedback we could ask for. 🙏🏻
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Just had our highest $BTC Monthly Option Volume ever in Jan! 💥
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The people have spoken! When @FTX_Official integration @SBF_Alameda ?. SPOILER ALERT: We are already working with the team at FTX and look forward making FTX markets available on @tradeparadigm very very very soon!!!!!
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The assertion that the new venue launches for Options (CME, OKEx, Bakkt etc.) would be competitive to @DeribitExchange is clearly being proven wrong. Very different segments of the market are being catered to so in aggregate, volumes should continue to rise! 🔥
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So many Paradigmers in one place!!🎉🎉. If you are here for Blockchain week, come hang with us at our offices on Robinson Road!
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Strolling to the pub for a pint after lobbing $1mm at December 40000 Calls . BTC boolish fever is back! Let's get into it 👇
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@SBF_FTX the people have spoken. 🙏❤️. Quite literally everyone on @tradeparadigm. is waiting on the FTX integration 🔥
@DeribitExchange @FTX_Official By the way @tradeparadigm and @SBF_FTX there is a lot of opportunity for you here. If you team up, the diff could become easily tradable for non-low-lat guys. When integration of FTX into Paradigm?.
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Touchdown in the Lion City 🇸🇬🦁. @tradeparadigm is growing fast. So happy to move in to our new digs in Singapore!
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1/ Announcing our electric partnership with @friktion_labs! 📢. TLDR; We have taken another step towards empowering the DeFi Options ecosystem by partnering with @friktion_labs, the largest DeFi portfolio manager on the @solana chain. 🔥
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🟪 Paradigm Block Insights (13 June – 19 June) @GenesisVol 🧵.A nasty week for crypto as the market digests mounting lending concerns and a painful macro environment for risk assets with central banks well behind the curve. BTC: -31% / ETH -32% / SOL -6%. 🧵1/8
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So what does @tradeparadigm actually do?. Principal Eng. @yodermike recently joined us and had no experience with the language of finance, so he recreated our messaging in a way that the average software engineer could understand. It was so good, we had to share! . Thread 👇
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"With over 450 institutions on the platform, volumes have grown 3,500% y-o-y to over $7B p/month.". "Paradigm is also poised to become the leading network for crypto lending/borrowing" said @TheChicagoVC partner at @jumpcapital.
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If you are downtown NYC come hang with us in our new digs on Wall Street!
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🚩Over $1 BILLION in traded volume in less than 9 months, and growing! . Thank you to our amazing clients! @AkunaCapital @xbtogroup @philippebek @ledger_prime @BabelFinance @arca @QCPCapital @glxyresearch @realMatrixport 🚀
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Thanks @Citi for noticing Paradigm's awesome chat and workflow solution, but you missed our Industry Leading Network with Instant Liquidity for trading Single & Multi-leg structures for BTC & ETH options/futures (Straddles, Strangles, Call & Put Spreads, and even Future spreads).
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Spread-books on @Bybit_Official and @DeribitExchange will be available on testnet this week!!!! 🔥🔥🔥🔥
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In the past three days the whale overwriter bought back over 100k contracts!🤯. 19 min of pure alpha with @genesisvol 👉
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🎉A new loan on Paradigm, settled bilaterally! 🎉. @Anchorage lends 25.04 BTC @ 2.75% on an Open Term!
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House Paradigm is taking over Arrakis ⚔️. We just had our 4th consecutive month of all time high of spice production (volumes)!. What is driving this? . A thread 👇. 1/
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As i was saying. @ftx@FTX_Official spreads be trading 🚀🚀. ~2000x of the Spot/Perp ETH spread traded in the last 60 mins or so!! 🔥
Probably the fastest adoption for any product we have launched. Books are being tightened by takers, not makers. Which is the amazing part. Really good to see takers posting YUUGE axes. Can't wait to see what happens when liquidity providers are fully ramped up. 🚀🚀.
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Paradigm just set a new all-time high in 24-hour trading volume totaling a MASSIVE $2.1 billion. LET'S GO!!!🚀
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As the crypto markets melt down, everyone is hunting for liquidity and @tradeparadigm has risen to the occasion. If we look at our daily volume in terms of BTC, we have 10 days in our entire history over 14k BTC daily volume, 5 of them were this week!🚀🚀
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🔥Another MEGA successful @ribbonfinance BTC auction 🔥. Congratulations @QCPCapital on winning!. Vault holders received a bid of 0.0041. 6 bps better than the @DeribitExchange price!!!!!🎉🎉. Thats a 💥17%💥 improvement in the absolute premium from selling the call!
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Paradigm has a unique take on employee compensation and incentives !🚀. 1/ $5K personal tech budget 💰.2/ location agnostic salaries🤯.3/ employee-specific holidays☀️.4/ generous relocation incentives 🇸🇬. A thread👇. Blog➡️
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🎉It's our 1 year anniversary! Thank you to all our customers, partners and investors!. @DeribitExchange @CMEGroup @bitcom_exchange @dragonfly_cap @DCGco @OKEx @Bybit_Official @FTX_Official @vectr_ventures @CoinSharesCo @xbtogroup @ledger_prime @AkunaCapital @BabelFinance
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Congrats @xmargintrading!. Excited to collaborate with you this year and beyond!.
We are delighted to announce that we have raised $8 Million in Series A funding. A huge thank you to our major investors @coinbase, @CapitalHashkey & @TheSpartanGroup, and all of our investors who have enabled us to reach this momentous milestone.
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1/ Startups are hard. crypto startups are even harder given the speed of innovation and the fact that market never sleeps!. Teams find it increasingly hard to deliver a relavent product while also adapting to the needs of a fast growing organizational structure.
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$1 Billion in 24hr volume with ~$300m in Futures Volume 🎉🚀💥 on @tradeparadigm!. Happy F***king Diwali 🎉🚀🎁🎊✨. LFG 🎊🎁✨🎉
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Very happy to have just hosted an amazing derivatives traders event here in Hong Kong (@festival_web3) with our partners @Cobo_Global and @DeribitExchange!. What a fun night. 🎉 Thank you to everyone who attended! 🤝
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Incredible turn out 🙌 at @friktion_labs's Defi Beyond The Hype event with Friktion's Uddhav Marwaha @degen_quant, @ElJefeAnderson of @folkvangtrading, Simon Nursey of @QCPCapital and @tradeparadigm's Anand Gomes @fiddybps1
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C O N V I C T I ON!!!!! . Short dated calls trading in SIZEEE!
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Paradigm Block Insights (09 Jan - 15 Jan ) @GenesisVol 🧵. What a week! Major themes include a relentless topside bid, beginning pre-CPI. Followed by takers chasing upside and a gamma squeeze fueled by the heavy call buying / spot rally. 🧵1/13
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Busy afternoon for BTC! Spot action was very noisy, including a nasty rejection we saw at the 27000 level earlier today. Intense OI wicks. as shown in bottom chart below. H/T @VeloData 📢. Let's get into it 👇
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Check it out, @Blockworks_ predicts that Crypto Options volumes break ATH in 2023. we tend to agree. 🎉😁.
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Curious about Option Vaults? Read the following blog by @ResearchVariant for a great overview of how the Ribbon Option Vault operates. 🧵 1/14.
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📣 Margin Optimization By Unwinding Low-Delta Short Options. A thread by the talented @sohan_sen1 👇. Large moves in 2022 have meant a lot of deep OTM option are part of traders’ portfolios. If you are short these tails, you have margin tied up which could be deployed elsewhere.
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