Bybit Derivatives Analysis: Cryptocurrency Market Changes

user avatar

by Giorgi Kostiuk

2 years ago

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new crypto derivatives report, analyzing current market trends. The report focuses on changes in liquidity and volatility.

Liquidity Decline in Perpetual Swaps Market

In December 2024, the perpetual swap market experienced a significant decline in liquidity. Trading volumes decreased, leading to lower realized volatility in the market. However, open interest remained stable compared to levels before the great expiration of options contracts in December 2024.

Disparity in Volatility for ETH and BTC

The ETH options market indicates a clear preference for call options, while BTC's open interest is rebalancing following the December expiration. Notably, there is a sharp divergence between implied and realized volatility.

Increased Traction of ETH Call Options

There has been a reshuffling in ETH open interest, with call contracts gaining traction after December. However, the decline in realized volatility has caused traders to remain cautious.

Recent changes in the derivatives market indicate growing uncertainty and caution among investors. Despite recent calm, volatility and macroeconomic factors continue to significantly impact the market.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

SBI Holdings and Startale Collaborate with BlackRock on Tokenised Funds

SBI Holdings and Startale have signed a memorandum of understanding with BlackRock to explore the connection between tokenised money market funds and a yen-denominated stablecoin.

user avatarTando Nkube

Kraken Parent Payward Secures Approval for Kazakhstan Operations

Payward has received in-principle approval from the Astana Financial Services Authority for its proposed operations in Kazakhstan.

user avatarKofi Adjeman

Central Bank of Ireland Imposes Fine on Coinbase Ireland Limited

On October 22, 2023, the Central Bank of Ireland fined Coinbase Ireland Limited 3,252,618 euros for breaches of safeguarding and outsourcing obligations.

user avatarNguyen Van Long

HashKey RWA Introduces First Product in hToken Series

HashKey RWA has launched its first product in the hToken series, aimed at standardizing the issuance of tokenized securities for traditional financial institutions.

user avatarSatoshi Nakamura

Coinbase Announces Discontinuation of GYEN Stablecoin Support

Coinbase has announced the discontinuation of support for the yen-linked GYEN stablecoin as its issuer, GMOZcom Trust Company, retires the product.

user avatarJesper Sørensen

Hong Kong Approves Secondary Trading for Tokenized Money Market Funds

Hong Kong Securities and Futures Commission approves secondary trading for two tokenized money market funds, enhancing trading opportunities and liquidity.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.