Deribit, the favored bitcoin & crypto choices trade, introduced at the moment 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 through API. 1Token helps all underlying crypto property, together with spots, derivatives, structured merchandise, SAFT, POW/POS mining, DeFi, NFT, and many others.
By way of derivatives, customers are allowed to carry out threat analytics on derivatives buying and selling books (eg, 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.
1Token gives real-time information from all sorts of counterparties
Derbit on 1Token
Crypto PMS options on 1Token allow establishments to trace trades throughout a number of devices and venues, calculate portfolio NAV, plus create systematic reviews like each day positions and P&L summaries.
1Token’s crypto RMS permits establishments to set a number of thresholds based mostly on real-time threat guidelines akin to NAV, gross and internet publicity, upkeep margin, and many others., and instantly ship notifications to customers through a number of channels (eg e-mail, telephone name, TG, Slack ) as soon as the danger rule thresholds are reached.
For OEMS, establishments can conduct single/multi-leg buying and selling, place algo orders (TWAP, VWAP…) through 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 reviews on threat, efficiency and money movement could also be generated and delivered based mostly 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 whole exceed $20+ BN in property managed.