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 crypto institutions, supporting 20+ blockchains, 100+ DeFi  protocols, and 80+ CeFi & traditional trading venues. Now, 1Token users can trade all derivatives available on Deribit…
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 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 1Token

Crypto 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.

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
bitFlyer USA lists Polkadot (DOT), Tezos (XTZ), Basic Attention Token (BAT), and Stellar (XLM)
Read More

bitFlyer USA lists Polkadot (DOT), Tezos (XTZ), Basic Attention Token (BAT), and Stellar (XLM)

bitFlyer, Japan’s largest headquartered cryptocurrency exchange also licensed to operate in the US, EU, today announced the listing of 4 new crypto-assets for trading on bitFlyer USA. Starting today, Polkadot (DOT), Tezos (XTZ), Basic Attention Token (BAT), and Stellar (XLM) will be available for exchange. Further, bitFlyer USA customers will be able to deposit these…
Keon selects Algorand as L1 solution for regulated DeFi asset management ecosystem
Read More

Keon selects Algorand as L1 solution for regulated DeFi asset management ecosystem

Related News Goracle (recently re-branded from Algoracle), a decentralized oracle network that is built on Algorand, has announced a new partnership with HEADLINE, a Texas-based blockchain development company. HEADLINE is the creator of developer tooling on... Read more Algoracle, a decentralized oracle network that links the Algorand blockchain to the physical world, announced today it…
Ethereum L2 exchange DeversiFi transforms into multi-chain gateway rhino.fi
Read More

Ethereum L2 exchange DeversiFi transforms into multi-chain gateway rhino.fi

Related News Opera, the company behind the popular Opera web browser, today announced integration with DeversiFi, an  Ethereum layer-2 exchange powered by Starkware’s scaling solution — providing cheap and instant transactions within its mobile browser wallet.... Read more Bitfinex, the popular crypto trading platform, and DeversiFi, a layer-2 (L2) trading platform powered by StarkWare technology,…
Crypto trading exchange BitCoke rolls out $300M USD ecosystem fund
Read More

Crypto trading exchange BitCoke rolls out $300M USD ecosystem fund

Bitcoke, a derivatives-focused cryptocurrency exchange, recently announced the official launch of BitCoke Ventures, its affiliated investment arm with a starting amount of $300 million to foster exchange outreach. With notable backers, the fund will focus on investing in startup projects in blockchain infrastructure, wallets, GameFi, NFTs, and other web3 areas critical to the business and…