Deribit, the favored bitcoin & crypto choices trade, introduced as we speak a brand new partnership with 1Token, a front-to-back workplace monetary software program for crypto establishments.
1Token is the all-in-one monetary software program for crypto establishments, supporting 20+ blockchains, 100+ DeFi protocols, and 80+ CeFi & conventional buying and selling venues.
Now, 1Token customers can commerce all derivatives accessible on Deribit by way of API. 1Token helps all underlying crypto belongings, together with spots, derivatives, structured merchandise, SAFT, POW/POS mining, DeFi, NFT, and many others.
When it comes to derivatives, customers are allowed to carry out threat analytics on derivatives buying and selling books (e.g., Delta, Gamma, Theta, Vega, and many others.) by enabling purchasers to outline their volatility floor, time period construction, skewness and makes situation evaluation for Greeks and PnL.
Furthermore, 1Token aggregates real-time market information from 100+ buying and selling venues and tracks all positions, dangers, and transactions. Establishments can carry out portfolio administration, threat monitoring, commerce execution, asset switch, accounting, and reporting on one platform with 1Token software program.
Derbit on 1Token
Crypto PMS options on 1Token allow establishments to trace place throughout a number of devices and venues, calculate portfolio NAV and create routine stories equivalent to every day place and PnL abstract.
1Token’s crypto RMS permits establishments to set a number of thresholds primarily based on real-time threat guidelines equivalent to NAV, gross and internet publicity, upkeep margin, and many others., and instantly ship notifications to customers by way of a number of channels (ie. e-mail, cellphone name, TG, Slack) as soon as the chance rule thresholds are reached.
For OEMS, establishments can conduct single/multi-leg buying and selling, place algo orders (TWAP, VWAP…) by way of 1Token’s buying and selling execution module, and conduct transfers throughout all CeFi & DeFi accounts and venues.
Concerning accounting, 1Token retains all historic balances, positions, and transactions and performs automated commerce reconciliation hourly. Inner and exterior stories on threat, efficiency and money stream could also be generated and delivered primarily based on custom-made metrics and client-preferred frequency.
Presently, 1Token serves 40+ establishments, together with Algorand Basis, Amber Group, Animoca Manufacturers, FBG Capital, Matrixport, Metalpha, Zipmex, and extra, which in complete exceed $20+ BN in belongings managed.