Professional crypto software suite 1Token adds support for Deribit derivatives
Deribit, the popular bitcoin & crypto options exchange, announced today a new partnership with 1Token, a front-to-back office financial software for crypto institutions. 1Token is the all-in-one financial software for cr...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Deribit, the popular bitcoin & crypto options exchange, announced today a new partnership with 1Token, a front-to-back office financial software for crypto institutions.
1Token is the all-in-one financial software for crypto institutions, supporting 20+ blockchains, 100+ DeFi protocols, and 80+ CeFi & traditional trading venues.
Now, 1Token users can trade all derivatives available on Deribit via API. 1Token supports all underlying crypto assets, including spots, derivatives, structured products, SAFT, POW/POS mining, DeFi, NFT, etc.
In terms of derivatives, users are allowed to perform risk analytics on derivatives trading books (e.g., Delta, Gamma, Theta, Vega, etc.) by enabling clients to define their volatility surface, term structure, skewness and makes scenario analysis for Greeks and PnL.
Moreover, 1Token aggregates real-time market data from 100+ trading venues and tracks all positions, risks, and transactions. Institutions can perform portfolio management, risk monitoring, trade execution, asset transfer, accounting, and reporting on one platform with 1Token software.
1Token provides real-time data from all types of counterparties Derbit on 1TokenCrypto PMS features on 1Token enable institutions to track trades across multiple instruments and venues, calculate portfolio NAV, plus create systematic reports like daily positions and P&L summaries.
1Token’s crypto RMS allows institutions to set multiple thresholds based on real-time risk rules such as NAV, gross and net exposure, maintenance margin, etc., and immediately send notifications to users via multiple channels (e.g. email, phone call, TG, Slack) once the risk rule thresholds are reached.
For OEMS, institutions can conduct single/multi-leg trading, place algo orders (TWAP, VWAP…) via 1Token’s trading execution module, and conduct transfers across all CeFi & DeFi accounts and venues.
Regarding accounting, 1Token keeps all historical balances, positions, and transactions and performs automatic trade reconciliation hourly. Internal and external reports on risk, performance and cash flow may be generated and delivered based on customized metrics and client-preferred frequency.
Presently, 1Token serves 40+ institutions, including Algorand Foundation, Amber Group, Animoca Brands, FBG Capital, Matrixport, Metalpha, Zipmex, and more, which in total exceed $20+ BN in assets managed.
The post Professional crypto software suite 1Token adds support for Deribit derivatives appeared first on CryptoNinjas.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges
Crypto exchange CoinEx is shutting down after nine years, citing shrinking revenue and rising compliance costs as the reasons the...
Kraken Launches xStocks Vaults With Up to 2% Yield on Tokenized Stocks and ETFs Now
Key Takeaways: Kraken introduces xStocks Vaults to earn onchain yield on tokenized exposure to SPY, Nasdaq-100 and NVIDIA. Users c...
Reality tokenizes 1,700 US stocks for Bitget Wallet users
Tokenizing US stocks for global users could democratize access to American equities, potentially reshaping international investmen...
Coinbase CEO Targets $70T US Stocks With Fully Backed Tokenized Equities Push
Key Takeaways: Coinbase CEO Brian Armstrong claims that the exchange’s token stocks represent actual securitie, and not synthetic...
Bitget Wallet Adds 1,700 Tokenized Stocks From Reality, Its Own In-House Issuer
Bitget Wallet said on Tuesday it has integrated Reality, a regulated tokenized-asset issuer, letting the wallet’s users trade more...
DOJ Says Two Robinhood Engineers Used Perpetual Futures to Trade Ahead of Its Crypto Listings
Federal prosecutors have accused two engineers at Robinhood of using their inside view of the company’s crypto listings to trade a...