The Netherlands-based Bitcoin (BTC) futures and options trading platform Deribit is launching a weekly publication called Deribit Insights.
Research publication on crypto
Deribit announced that it will be launching a weekly in-depth analytical research publication focused on various crypto topics, tailored for both the novice and expert cryptocurrency users.
The first research report takes a closer look at the liquidation mechanisms used by cryptocurrency derivatives platforms. It also covers the May 2019 flash crash on Bitstamp that triggered liquidations worth more than $200 million on the BitMEX platform.
Deribit, launched in 2016, is one of the first futures and options cryptocurrency exchanges and reportedly sees half a billion dollars of volume per day.
“Derivatives are essential for institutional adoption”
John Jansen, the CEO and founder of Deribit, said that in the past, traders showed fear in regards to the impact of incumbent markets launching BTC derivatives, adding:
“While I can understand where the fear is coming from, I don’t agree with it. I truly believe in the benefits of derivatives for the entire ecosystem and that they are essential for institutional adoption. With liquidity on the rise, more ‘adoption doors’ are finally opening.”