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Crypto Options Traders Turn to DeFi for Altcoin Bets as QCP Slings $1B

The Singapore-based firm QCP now trades more than $1B of crypto options per month using decentralized financial applications, including $1 million worth of AAVE options recently with Ribbon Finance.

By Omkar Godbole

Updated May 11, 2023, 6:43 p.m. Published Nov 23, 2021, 6:25 p.m.

Traders have never seen anything like the cryptocurrency options trading happening these days in decentralized finance. (Thomas Shotter Boys, 1842/Art Institute of Chicago, modified by CoinDesk)