Lighter previews upcoming options launch
On October 16, Lighter officially posted “Options season. Coming soon,” confirming that options trading is coming, though details have yet to be announced. This zk perpetual DEX currently has no token; points and airdrop expectations are the main drivers of its on-chain margin and trading volume.
Once options launch, market makers will need to put up margin on-chain and hedge positions in the spot and perpetual markets, which should passively deepen order books for major tokens. If the price retests 3,900 and holds, it is more likely to follow the strengthening trend. The established derivatives positions of [blank] are being challenged by similar platforms moving in early. Short-term capital will leave its secondary market, making any rebound a chance to reduce positions; a break below the previous low could start another period of gradual decline.
For those of you still holding [blank] tokens, what’s your cost basis? Are you adding on this dip or selling into the rebound?
$BTC $ETH $DYDX
On October 16, Lighter officially posted “Options season. Coming soon,” confirming that options trading is coming, though details have yet to be announced. This zk perpetual DEX currently has no token; points and airdrop expectations are the main drivers of its on-chain margin and trading volume.
Once options launch, market makers will need to put up margin on-chain and hedge positions in the spot and perpetual markets, which should passively deepen order books for major tokens. If the price retests 3,900 and holds, it is more likely to follow the strengthening trend. The established derivatives positions of [blank] are being challenged by similar platforms moving in early. Short-term capital will leave its secondary market, making any rebound a chance to reduce positions; a break below the previous low could start another period of gradual decline.
For those of you still holding [blank] tokens, what’s your cost basis? Are you adding on this dip or selling into the rebound?
$BTC $ETH $DYDX