According to ChainCatcher news and data from Greeks.live, 21,000 BTC options will expire today, with a Put Call Ratio of 0.67, a maximum pain point of $98,000, and a notional value of $2.08 billion.In addition, 176,000 ETH options will expire today, with a Put Call Ratio of 0.64, a maximum pain point of $2,725, and a notional value of $470 million.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block options trade today was: a user sold 95,000 call options expiring at the end of the year, totaling 150 BTC, with a revenue of 1.037 million USD. Profit is realized if the delivery price is less than 102,000, with a coin-based yield of 7.05% (annualized approximately 83%).

ChainCatcher news, according to Deribit data, a total notional value of approximately 3.96 billion USD in BTC options and ETH options will expire tomorrow. Among them, the notional value of the upcoming BTC options reaches 3.39 billion USD, with a Put Call Ratio of 0.83 and a maximum pain point of 79,000 USD; the notional value of the upcoming ETH options reaches 572 million USD, with a Put Call Ratio of 0.93 and a maximum pain point of 3,000 USD.

ChainCatcher news, according to The Block, Deribit CEO Luuk Strijers stated: "As the U.S. elections approach, we are observing heightened market expectations, with approximately $3 billion in options open interest set to expire on November 8, including Bitcoin call options with strike prices of $70,000, $75,000, and $80,000, indicating relatively strong bullish sentiment."

ChainCatcher news, according to Greeks.live macro researcher Adam's post on the X platform, last week the BTC end-of-month options IV was generally around 50%, and it has now risen to about 65%, with ETH showing the same phenomenon. Meanwhile, as the Federal Reserve has one week left to announce its interest rate decision, this week's IV should have support.Tomorrow is a trading day worth paying attention to, as at 9:00 AM Trump and Harris will hold a news debate, and at 8:30 PM the US August CPI will be announced, with multiple important events driving up the end-of-month options IV.

ChainCatcher news, according to DL News, the DeFi protocol Pendle has seen nearly $3 billion in withdrawals since last Wednesday due to multiple market expirations, with total deposits dropping to $3.7 billion and total value locked (TVL) decreasing by 40% over the past week.Kairos Research founder Ian Unsworth stated that these outflows are primarily due to the expiration of certain products. The eETH from Ether.Fi, ezETH from Renzo, pufETH from Puffer, rsETH from Kelp, and rswETH from Swell in the Pendle market expired on June 27, leading to significant capital outflows. The outflows from Pendle have also affected the related protocol Zircuit, with deposit values decreasing by 15% within a week.

ChainCatcher message, as optimism surrounding the potential approval of Ethereum spot ETFs reignites, an analyst stated that Ethereum call options across all expiration dates are now more expensive than put options, indicating a bullish market sentiment.Deribit CEO Luuk Strijers stated in an email: "The skew for all expiration dates of put and call options is negative, and it further increases after the June expiration, which is quite a bullish signal— the basis spread has also increased to about 14% annualized, another bullish indicator."His analysis indicates that traders are willing to pay higher premiums for call options, especially for options expiring at the end of June and beyond. This could be a bullish market indicator as it suggests that traders expect Ethereum prices to rise in the future. Therefore, they are less willing to pay higher premiums for put options as downside protection.

ChainCatcher news, Greeks.live stated: As the end of the month approaches with a large options expiration day, the $70,000 price level has become the focus of market attention.Currently, the $70,000 call option contract ranks second in open interest, and as the price repeatedly crosses this key level, option sellers are experiencing significant Gamma losses.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on Warpcast that the milestone for basic rollup scaling has been achieved, and the next milestone may be verkle trees and history expiry.

ChainCatcher news, according to Foresight News, at the Korea Blockchain Week KBW2023, Vitalik Buterin delivered a keynote speech stating that clients have to store more and more data. The first solution is to stop storing historical data, namely adopting EIP-4444 (binding historical data in the execution client). The second solution is to transfer the responsibility of state storage to dedicated nodes. The third solution is to move old objects out of the state. EIP-4444 refers to the requirement that clients must stop providing historical headers, bodies, and receipts older than one year at the p2p layer, allowing clients to prune this historical data locally.Vitalik Buterin summarized that if we have statelessness and PBS, state expiration can be considered low priority, even with an 8 TB state. Ultimately, we do need to address the 20-byte address issue, whether for state expiration or long-term security considerations.

ChainCatcher news, the CME Group announced plans to expand its cryptocurrency options contracts for standard and micro Bitcoin and Ethereum contracts starting May 22, currently awaiting regulatory review. Among them, Bitcoin and Ethereum futures options will offer new expiration dates on Monday, Tuesday, Wednesday, Thursday, and Friday.Micro Bitcoin and Ethereum futures options will add expiration dates on Tuesday and Thursday to the existing Monday, Wednesday, and Friday contract expiration dates. All these new products will complement the existing monthly and quarterly expirations of all Bitcoin and Ethereum futures contracts. (Source link)

ChainCatcher message, the temperature check vote on the Uniswap community's proposal regarding "cross-chain deployment and the creation of new uniswap.eth subdomains after the expiration of the Business Source License (BSL)" has concluded, passing with a 100% support rate.According to the proposal, Erin Koen, the new governance lead of the Uniswap Foundation, stated that it would be beneficial to determine an official Uniswap V3 deployment for each chain after the BSL expires, in order to provide users with security assurances and clarify Uniswap governance. Additionally, to align with the recommended governance process after the BSL expiration, the Uniswap Foundation suggests creating a new ENS subdomain v3-deployments.uniswap.eth to track the official deployments of Uniswap V3 on L1 and L2. (source link)

ChainCatcher news, the Uniswap community is currently conducting a temperature check vote on the proposal "Cross-chain deployment and creation of new uniswap.eth subdomain after the expiration of the Business Source License (BSL)", with the current support rate for this proposal at 100%. The voting will end on April 14.Erin Koen, the new governance lead of the Uniswap Foundation, stated that it would be beneficial to establish an official Uniswap V3 deployment for each chain after the BSL expires, in order to provide security assurances for users and clarify Uniswap governance. Additionally, to align with the recommended governance process after the BSL expiration, the Uniswap Foundation suggests creating a new ENS subdomain v3-deployments.uniswap.eth to track the official deployments of Uniswap V3 on L1 and L2.Previously, it was reported that the copyright commercial protection of Uniswap V3 core code under the Business Source License (BSL) expired on April 1. (source link)

ChainCatcher news, the decentralized trading platform Clober launched ARB put options yesterday, allowing traders to purchase ARB put options with strike prices of $0.50, $1, $2, $4, $8, and $16. The platform's cumulative trading volume exceeded $50,000 within 24 hours of launch.It is reported that the expiration date for the put options is March 24, which is one day after the ARB airdrop event. This means that these options allow traders to bet on the price action of ARB on the first day of trading. (Source link)