Bitfinex

People often say options are “too complicated” - too many strikes, too many maturities, too many choices. That idea has now been flipped on its head. During one of the most memorable moments at the Bitfinex Derivatives Gamma Summit, Hendrik Ghys, CEO of Thalex, walked the room through why this complexity isn’t a drawback at all - it’s the entire point. He put it simply: “Options have different strikes and maturities… and that’s an incredible strength because it allows you to reveal across all these different prices what the market thinks about the distribution of outcomes.” In other words, every strike and every maturity is a data point - a snapshot of what traders collectively believe about the future. Put together, they create something you can’t get from spot or perpetuals alone: a window into market expectations, and a far deeper sense of how the next scenarios could unfold. It was a reminder that the so-called “complexity” of options is the very reason they’re so powerful. Watch the full discussion here: https://lnkd.in/exMKxawH

It’s often the quiet forces in crypto that cause the loudest noise. At the Bitfinex Derivatives Gamma Summit, one idea kept catching people off guard - that the market’s most violent moves aren’t always triggered by news, whales, or macro. Sometimes, the real culprit is hiding in plain sight: perpetual leverage. Breaking this down, Hendrik Ghys, CEO of Thalex, explains how this overlooked fragility, particularly in the perps market can suddenly drain liquidity, snap volatility higher, and send markets into a feedback loop of instability. And who benefits? Options markets. “The fragility of perpetual leverage creates these liquidity shocks, creates these volatility spikes that actually also make options more valuable… they benefit both from the liquidity and the occasional illiquidity of perpetuals.” It’s a powerful message: the same instability traders fear can be the very reason options become indispensable. Where perpetuals amplify turbulence, options allow traders to navigate, shape, and even leverage it strategically. Watch the full discussion here: https://lnkd.in/exMKxawH

Bitfinex is hiring a Senior Backend Developer – Node.js (Remote) to design and build the core engines behind our trading platform, APIs, and blockchain integrations. This is your chance to work in a fast-paced, innovative environment where clean code, speed, and top-notch security are at the heart of everything we do. Join Bitfinex - The Original Bitcoin Exchange: https://lnkd.in/e-EXNe6D

Bitcoin is showing signs of stabilisation, yet underlying market conditions remain weak. Despite drifting higher, BTC is still locked in a tight $84,000–$91,000 range while the S&P 500 sits near record highs - highlighting a widening decoupling from traditional risk assets. On-chain data shows 7M+ BTC at an unrealised loss, a setup last seen in early 2022 as the market struggled to reclaim its True Market Mean. Modest capital inflows offer a small cushion, but overall momentum remains fragile. Read the full analysis in Bitfinex Alpha: https://lnkd.in/eqsJhF4P

Bitfinex Securities and Hadron by Tether.io are in Abu Dhabi for a session hosted by Jesse Knutson, Akshu S Campbell-Holt, and Francesco Ranieri Fabracci, focused on tokenised finances, RWAs, and the evolution of regulated digital markets. 🇦🇪 Progress happens when the right people get in the same room.🤝

“Once you start combining options, you can literally construct any payoff you can think of.” - Hendrik Ghys, CEO of Thalex speaking at the Bitfinex Derivatives Gamma Summit. When traders rely solely on perpetuals, they miss a powerful reality: futures and options open an entirely new spectrum of market views. Crypto derivatives are helping traders better manage volatility and risk in crypto markets. From expressing different parts of the embedded interest rates across the term structure, to trading volatility directly, options give traders the ability to shape exposure with far more precision. Watch the full discussion here: https://lnkd.in/exMKxawH

At the current rate, stablecoin transactions are heading for about $5.6 trillion in 2025, roughly 80 percent more than in 2021. At that scale, stablecoins are becoming a meaningful part of the global payments stack, not just a trading tool. What has changed recently: - In the United States the GENIUS Act opens the door for banks to issue stablecoins directly. - In Europe, MiCA gives a clearer framework for euro stablecoins, with major banks preparing products under that regime. - Stablecoins already account for around 3 percent of global cross border payments, with near instant, 24/7 settlement. Looking ahead to 2026, compliant stablecoin supply could reach 500 billion dollars or more if banks, payment firms and on chain markets keep scaling. At 10 to 15 percent of cross border flows, stablecoins would be a core funding and settlement tool for global finance, not a niche experiment. For traders, treasurers and fintech teams, that shift matters. It changes where dollar liquidity sits, how quickly value can move, and which rails you need to plug into. How is your organisation thinking about stablecoins over the next one to two years? Are they still only a trading tool, or already part of your payments and treasury planning?