# Derivatives Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Derivatives", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Explaining 'Liquidation Cascades': How $19 Billion in Cryptocurrency Vanished in One Day

This article explains how "liquidation cascades" led to a $19 billion wipeout in cryptocurrency markets in a single day. It details that most speculation occurs in perpetual futures, leveraged derivative contracts. When prices move against a trader's position, triggering a margin call and automatic sale, it can start a chain reaction. Each forced sale pushes the price down further, liquidating the next over-leveraged position like dominoes, especially when open interest is concentrated at similar price levels. The piece highlights the October 10, 2025 event, where a major geopolitical announcement triggered a massive sell-off. Over 24 hours, leveraged positions worth over $19 billion were liquidated, affecting 1.6 million traders, with long positions making up the vast majority. Total open interest on major exchanges plummeted by 43%. The phenomenon repeated in 2026, with several other "cascade" events causing billions more in liquidations. The article concludes that these cascades are not rare accidents but the market's standard mechanism for shedding excess leverage. The same conditions—high leverage, crowded positions, and clustered stop-loss levels—repeatedly set the stage for these events, with fuel accumulating again after each crash.

cryptonews.ru15h ago

Explaining 'Liquidation Cascades': How $19 Billion in Cryptocurrency Vanished in One Day

cryptonews.ru15h ago

Number of Active XRP Addresses Surges by 84%, Price Remains 72% Below All-Time High

The XRP ecosystem is showing a divergence between network activity and price dynamics. According to analyst Ali Martinez, the number of active XRP addresses has surged by 84.18%, rising from 23,642 on August 1 to 43,543. Concurrently, XRP is trading approximately 71.7% below its July 2025 all-time high of $3.66. Key elements shaping the market include heightened network activity, accumulation by large holders—who added over 380 million XRP last week—and shifting derivatives positioning, with the $1-$1.06 range becoming a focal point. Despite this increased activity, technical indicators remain weak. The 14-day RSI is at 35.97, below its moving average and the neutral 50 level. The MACD indicator is also negative, confirming bearish momentum has not yet reversed. The $1 level is identified as critical: holding above it could allow XRP to test the $1.06 resistance, while a break below could trigger liquidations and push the price toward $0.98 or $0.93. Funding rates have stayed predominantly positive since late June, indicating a persistent long bias in perpetual futures markets, even as the price declined from above $1.20 in mid-June to $0.90 by August 12.

cryptonews.ruYesterday 19:56

Number of Active XRP Addresses Surges by 84%, Price Remains 72% Below All-Time High

cryptonews.ruYesterday 19:56

Coinbase Launches Over 170 Futures Contracts for Professional Investors in the UK

Coinbase is launching over 170 futures contracts, perpetuals, and crypto options for qualifying professional investors in the UK. This expansion follows the exchange's July receipt of a UK investment services license, allowing it to offer regulated financial instruments alongside crypto products under its "Everything Exchange" strategy. Eligible investors can trade contracts on cryptocurrencies, commodities, equities, and forex with up to 50x leverage, available 24/7. The rollout is enabled under a specific investment services license and is separate from the UK's broader crypto regulatory regime set for 2027. The launch marks a key step in Coinbase's strategy to integrate traditional finance and crypto derivatives on one platform, citing high global demand where crypto derivatives trading volume regularly exceeds spot markets. Access will be phased in over coming weeks, initially limited to UK professional investors.

cryptonews.ru2 days ago 12:21

Coinbase Launches Over 170 Futures Contracts for Professional Investors in the UK

cryptonews.ru2 days ago 12:21

Hyperion DeFi's $31 Million Profit Highlights Crypto Market Frenzy Amid Its Downturn

Hyperion DeFi, the first U.S. company to list its project on the Hyperliquid platform, reported a record net profit of $31 million in Q2. This marks the second consecutive quarter of record profits, a significant turnaround from a nearly $9 million loss a year earlier. A key driver of this performance was the revaluation of its $HYPE token assets, held at a value of $133 million by the end of June, up $71 million from the prior quarter. This highlights the company's strategic focus on crypto asset management. These strong results contrast with a broader crypto market downturn in Q2, where total market cap fell 12.6%. Hyperion's success is linked to its deepening integration with Hyperliquid, which saw robust derivatives trading volume. The company is also actively leveraging its $HYPE treasury through lending services (HAUS) to generate additional revenue. The performance underscores a critical symbiotic relationship: protocol fee revenue is used to buy back and burn $HYPE tokens, potentially boosting their price and Hyperion's treasury value. This model presents significant upside if Hyperliquid and $HYPE grow, but also exposes the company to risks tied to the token's future market performance.

cryptonews.ru2 days ago 11:53

Hyperion DeFi's $31 Million Profit Highlights Crypto Market Frenzy Amid Its Downturn

cryptonews.ru2 days ago 11:53

Goldman Sachs Acquires NEOS for $2.25 Billion: Bitcoin Officially Enters the 'Income Era'

Goldman Sachs acquired NEOS Investments for up to $2.25 billion, bringing a key product—the NEOS Bitcoin High Income ETF (BTCI)—into its portfolio. BTCI, with over $1.1 billion in assets, employs a covered call strategy on Bitcoin ETP holdings to generate high-yield monthly income, touting a 27% annualized yield. This yield stems from selling call options, capitalizing on Bitcoin's high volatility for premium income. However, the strategy carries significant risks: it caps upside potential during bull markets, has underperformed Bitcoin spot returns (with a -2% annualized return since late 2024), suffers from substantial net asset value erosion (near 50% peak-to-trough), and its distributions are largely classified as return of capital. The fund's true forward yield is closer to 7.8%, far below its advertised rate. The acquisition is part of Goldman's strategic push into the booming derivatives-based income ETF market, following its purchase of Innovator Capital. It targets investors, particularly retirees, seeking reliable monthly cash flow over high growth. This move signifies a rapid financialization of Bitcoin, transforming it from a tradable asset into an income-generating one within traditional finance. Yet, it raises questions about Bitcoin's core identity, as large-scale adoption of such strategies could permanently alter its market volatility and decentralized ethos.

marsbit08/13 02:33

Goldman Sachs Acquires NEOS for $2.25 Billion: Bitcoin Officially Enters the 'Income Era'

marsbit08/13 02:33

Bitwise Clients Using HYPE ETF Attracted $5 Million Despite Token Price Drop of 14%

Bitwise clients invested over $5 million in the Hyperliquid token $HYPE last week via the HYPE ETF and have not sold any tokens since July. Despite a 14% price drop over the past 30 days, $HYPE is still up 118% year-to-date. Data from Arkham Explorer shows Bitwise, a major issuer of the $HYPE ETF, has made only purchases since late July, signaling strong accumulation. The Bitwise Hyperliquid ETF (ticker BHYP) launched on the NYSE in May 2026, one of the first U.S. spot products for Hyperliquid, featuring a 0.34% sponsor fee. A European ETP version launched on Deutsche Börse Xetra in April 2026. Analyst interest stems from Hyperliquid's tokenomics, where 97% of protocol fees are used to buy back and burn $HYPE, creating deflationary pressure. Hyperliquid processed $2.9 trillion in trading volume in 2025 and holds about 60% of global on-chain derivatives open interest, with $HYPE now a top-10 crypto asset by market cap.

cryptonews.ru08/12 20:58

Bitwise Clients Using HYPE ETF Attracted $5 Million Despite Token Price Drop of 14%

cryptonews.ru08/12 20:58

Hyperliquid Seeks Legal Path to Launch Perpetual Trading in the United States

Hyperliquid, a cryptocurrency exchange, is intensifying its lobbying efforts with U.S. regulators, including the CFTC and SEC, to find a legally compliant way to launch perpetual futures trading for American users. Currently, U.S. users are blocked from accessing the platform due to regulatory gaps that leave certain crypto derivatives outside the scope of the Commodity Exchange Act. Through its funded Hyperliquid Policy Center, the company is conducting research and advocacy in Washington, D.C., aiming to establish a regulated framework for on-chain perpetual contracts and decentralized market infrastructure in the United States. This push comes as U.S. regulators are already beginning to adapt, with the CFTC recently approving a Bitcoin-spot perpetual contract and seeking public comment on other perpetual products. Meanwhile, broader crypto market data for July shows a significant decline in trading volumes, with total futures volume on centralized exchanges hitting its lowest level since December 2023.

cryptonews.ru08/12 20:51

Hyperliquid Seeks Legal Path to Launch Perpetual Trading in the United States

cryptonews.ru08/12 20:51

While the crypto market's attention is focused on US CPI data, options investors have already made a decision! Here are the details

While the broader cryptocurrency market awaits the U.S. CPI data, options traders have already made their move. Bitcoin and Ethereum are trading in a narrow range, with BTC hovering between $62,000 and $66,000. Market participants believe the inflation figures could trigger a breakout from this consolidation, particularly if lower-than-expected data boosts expectations for rate cuts and risk appetite. Bullish sentiment is evident in derivatives markets. On Deribit, approximately $2.5 million flowed into Bitcoin call options with a $70,000 strike price expiring in September, indicating bets on a near-term surge above that level. However, some institutional investors, like TDX Strategy, are focusing on volatility itself, employing strategies like straddles to profit from sharp price moves in either direction. On-chain data reveals stronger activity in spot markets compared to derivatives. Despite cautious derivative positioning, over $164.6 million worth of Ethereum was withdrawn from exchanges in the past week, according to Nansen, signaling accumulation by investors. In the short term, the U.S. CPI print, interest rate expectations, and derivatives market positioning will remain key drivers for the crypto market's next directional move.

cryptonews.ru08/12 08:50

While the crypto market's attention is focused on US CPI data, options investors have already made a decision! Here are the details

cryptonews.ru08/12 08:50

Backpack Exchange Lists TRX Spot And Perpetual Markets

Backpack Exchange has listed TRON (TRX) for both spot and perpetual trading, introducing TRX/USD and TRX-PERP markets with perpetual contracts offering up to 10x leverage. While this provides traders another venue to access and trade TRX, the immediate impact on global liquidity is measured. The simultaneous offering of spot and derivatives allows for more flexible trading strategies. However, the listing's significance will ultimately depend on the volume and liquidity it attracts. TRON maintains its primary role as a major network for stablecoin transfers, giving TRX a distinct market profile. The addition of leveraged perpetual contracts also introduces amplified volatility and liquidation risks, distinguishing it from simple spot trading. For Backpack, the move expands its market coverage with a high-profile asset.

bitcoinist08/12 06:21

Backpack Exchange Lists TRX Spot And Perpetual Markets

bitcoinist08/12 06:21

XRP Price Forecast: Can the Rarest Monthly XRP Buy Signal Overcome Declining ETF Flows?

XRP Price Forecast: Can a Rare Buy Signal Overcome Declining ETF Flows? Analyst Ali Charts highlights a rare Tom Demark Sequential buy signal on the monthly XRP chart, which previously preceded massive rallies of 1,074% in 2020 and 973% in 2022. Currently, XRP is consolidating near the lower Bollinger Band at $1.01, with immediate resistance at the 20-day EMA of $1.0628. A monthly close above the key $1.06 level, where nearly 3 billion XRP changed hands, could pave the way for a bullish move toward $1.35 and then $1.64. On-chain data shows whales have accumulated over 380 million XRP in the past week, signaling confidence. However, XRP spot ETF inflows have slowed dramatically, hitting a yearly low of just $1.01 million for the week ending August 7th. In derivatives, long positions are absorbing most of the liquidation pain, though top traders remain net long. The bullish case requires holding $1.01 and a monthly close above $1.06 to validate the Demark signal. The bearish risk is a break below the psychological $1.00 level, which would invalidate the setup. The outcome hinges on whether the rare technical signal and whale accumulation can overcome the clear weakening in institutional ETF demand.

cryptonews.ru08/10 20:15

XRP Price Forecast: Can the Rarest Monthly XRP Buy Signal Overcome Declining ETF Flows?

cryptonews.ru08/10 20:15

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