Stormbit Labs (@stormbitlabs) header
Stormbit Labs (@stormbitlabs) profile picture

we build settlement software for onchain options

singapore
Joined February 2024
Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)Photo by Stormbit Labs (@stormbitlabs)
Turn your HYPE view into a position. Buy lower, sell higher, or protect. Minimum 1 HYPE. Nothing to liquidate.
Opened a position on Match. moneyness.xyz/match I hold HYPE. I don't want to borrow against it and I don't want a liquidation price anywhere on the screen. So I sold the upside above $89.50 for 13 days. Fully collateralised in WHYPE, nothing to liquidate. HYPE stays under target, I keep the premium and the coins. It rips through, I sell at $89.50 and that was the deal. The last four contracts near this strike expired worthless. The writer kept the premium every time.
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The data rich platform for options.
Before you trade an option, you should see the whole market. Moneyness Data shows premium, trades and history across 11 onchain options venues, all in one place. Look first, then trade where the offer is. moneyness.xyz/data
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SOL is now on Moneyness. Show your view on SOL: buy it lower, sell it higher, or protect what you hold. Match finds the trade. Compare every venue. See the latest SOL fills. $SOL and $HYPE options, one place. moneyness.xyz/match
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Your view on HYPE, in one place. Buy lower, sell higher, or protect what you hold. Then see what actually traded on-chain: the venues side by side, the latest fills, the premium and which direction. Live now: moneyness.xyz
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launch day. 7 pm SGT. pick a view on HYPE: buy lower, sell higher, or protect. no options 101. moneyness.xyz
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Your $HYPE is sitting idle. Tomorrow it stops. Moneyness Match goes live Tue 6 Oct, 7:00 PM SGT. Pick an intent, no puts or calls to think about. Prices from @DeribitOfficial @paradex @DeriveXYZ @synapseprotocol @CallPutApp, side by side, on moneyness.xyz. The first 100 depositors are recorded in a ledger.
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Stormbit labs is in Singapore in October. Options venues, market makers, allocators, asset managers, perp traders, options degens: we want to meet the people actually moving this market. DM for coffee + demo during Token2049 week.
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Moneyness v2. Loading.
Moneyness v2. Loading.
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No coffees. No meetings. Just premium. 25 September - 10 October. 🌏
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Moneyness now publishes a daily record of on-chain option premium. Who paid, who wrote, every day. How much traded, how much of it actually changed hands once the legs of one ticket cancel, and on which venue it happened. Recorded continuously since we started. Measured, never modelled. Not every venue publishes a trade feed, so every figure is a floor and the page says which ones are missing. moneyness.xyz
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Option expertise. Several products. One house. moneyness.xyz was the first.
we're analyzing the whole crypto options market right now, onchain included. the cards are getting redistributed. more people are finally naming the real problem out loud: liquidation. and how little has actually been built against it. liquidation isn't a property of lending. it's a property of debt. that's the assumption @StormbitFinance is built to remove, in lending and in the vaults we're building for yield. and while we're here: TVL is not a safety rating. it tells you what a protocol attracted, not how it behaves when the market moves. read the mechanism. moneyness.xyz was step one, the data. what comes next lets you use options without touching options. no strikes, no expiries, no put and call. 70% of onchain options flow today is still a single leg, which tells you exactly how many people want to build structures themselves.
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An estate agent does not price a house from a formula. They show you what three like it sold for last month. Moneyness is that record for options. What traded, at what price, and who was on both sides. It now runs an MCP server, so you can just ask your agent: "is BTC vol expensive right now?" 40.6v, at the 99.7th percentile of its own 30-day range. ETH is at the 99.3rd, HYPE at the 98th. All three are priced near the top of what their own vol has been worth this month, and tokenised gold is near the bottom. One line in Claude, Claude Code, Cursor, any MCP client. No SDK, no key, no install: { "mcpServers": { "moneyness": { "url": "moneyness.xyz/mcp/" } } } Nine read-only tools. Live books from 11 venues, completed trades from the 3 that publish them, and every answer that spans venues tells you which ones it could not see. moneyness.xyz
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moneyness.xyz is a Stormbit Labs product. Tomorrow we ship the part nobody publishes: what happened to options after they expired. 20/08/2026.
onchain options ecosystem part 5 @layerv_official is an option trading platform built around one liquidity layer @0xPismoProtocol fully collateralized options, a hybrid exchange, and curated liquidity vaults on Sui @NoRektFi a DeFi protocol with hedged lending using options @StormbitFinance product moneyness onchain options data @leaps_finance is a DeFi protocol on Solana that lets holders earn enhanced yield by selling options on their assets
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Options are the most useful instrument in finance and the hardest to actually see. So we record it. every on-chain fill we can verify, published daily, venue by venue, with the parts we cannot see labelled as such. That is the boring half of democratizing something. we are doing the boring half first. Stormbit Labs
we run a recorder against every on-chain options venue we can reach. here is what came through the tape in the last 24 hours. a ton of options changed hands. $375K of premium, 11 different assets, 708 fills. biggest single one: somebody bought 5 BTC calls at 62,000 for August 28. $12,595, on @DeriveXYZ, about 21 hours ago. the same two addresses were on four of the five biggest trades of the day, so one desk was quietly building all night. under that, ETH did $205K and BTC $146K between them, HYPE $18.7K. then it gets strange. gold traded, via XAUT. so did NVDA and MU. options on US equities, settling on chain, on @hypercall. how we see each one is not the same and that matters: @DeriveXYZ publishes fills with both counterparties named. 665 of 665 today. @hypercall the same, 19 of 19. @paradex publishes the trade but not who was on either side of it. everything else we index publishes quotes and never confirms what actually filled. so all of the above is on-chain only, and Deribit by itself trades more than every number here put together. moneyness.xyz
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⚠️ clarification, because a few people have generously described this as "every option in crypto" and it isn't. what moneyness.xyz actually is: 11 venues indexed. 6 on chain, 5 CEX. 3 of them publish a trade feed (Derive, Paradex, Hypercall) so those fills are verified. all three are on chain. the other 8 publish quotes and never confirm what filled. we also don't index Deribit's USDC settled book yet. 2,744 contracts. that gap is ours, not theirs. so: every on chain option trade we can verify. $7.9M of premium over 30 days. the CEX side we see quotes only, and Deribit alone trades far more than everything above. not the whole market, and we'd rather say so. 🐦 What's next stays as you had it: products with options underneath. building, no dates.
every on chain option trade we can actually verify now lives on moneyness.xyz caveat up front because the venue people will spot it anyway: 11 venues indexed, only 3 publish a trade feed. @deriveinsights , @paradex , @SynapseProtocol . the other 8 show quotes and never tell you if anyone filled. 🫂 built by the team at @StormbitFinance. step 1 is just knowing where this market actually is. it's smaller than people think and more concentrated than people think. step 2 is products with options underneath. that's what we're building.
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means a lot coming from a team building one of the venues we cover. @SynapseProtocol 's been on moneyness since day one. options are the layer under everything getting built right now. we just made it visible.
Amazing to see this from @StormbitFinance Consolidated view of every option being traded in crypto.
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STORMBIT LABS. NOTICE TO OUR COMMUNITY AND OUR COUNTERPARTIES There was no hack. Nothing was stolen. Nobody quit. Our treasury drained anyway, and it drained for months before anyone thought to look. The cause was not fraud. It was one engineer, acting alone and acting in what he believed were the company's interests, running a systematic options program against the treasury. Selling BTC calls. Every Friday. Since March. Booked in the ledger under "income." He was proud of it. He mentioned it once in a standup and the room nodded, because "I've been generating yield on idle treasury" is the second-most-responsible sentence a person can say out loud, and nobody wanted to be the one who asked the follow-up question. He took whatever price was on the screen. Week after week, he sold for a few dollars a contract while the same contract, same strike, same expiry, same venue, same hour, was on offer a few clicks away for many multiples of that. This was not incompetence. He had no way to see it. There is no screen that puts on-chain and CEX side by side. There is no screen that separates the quotes that are firm from the quotes that are decoration. He took the first price offered and called it a market. Given the foregoing, the Board has resolved 1) we are not winding down. the runway is intact and nobody is being laid off. 2) we are keeping the engineer. 3) we are building the screen he should have had. we kept him because when we sat him down to explain his mistake, we couldn't. the information did not exist. we went looking for the thing he should have been able to open, and found an empty chair where it belonged. we didn't fire the engineer. we fired the excuse. so we built it. moneyness reads every options venue we can get to and shows what is actually trading, where, and what the same trade costs at each of them. firm quotes marked firm. indicative marked indicative. no login. no token. no waitlist. moneyness.xyz. built by stormbit labs. the most expensive thing in an options market is the price you never saw.
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data sources, on-chain: @DeriveXYZ · @paradex · @aevoxyz · @ryskfinance · @SynapseProtocol · @CallPutApp . plus the major cex books where we can read them.
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nobody wants to talk about options in a red market. that's exactly when they get interesting. a floor 10% under btc costs you 0.67% for the month. selling the upside 10% away pays back 0.38%. so about a third of your protection is free, and you keep the coin either way. that's the entire trade. we're shipping the tools for it this week.
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Stormbit Labs. We started with one refusal: that a price move shouldn't decide when you sell. Everything we've built since comes from there. What's changed is depth. Options now run underneath our products — not as something we ask you to trade, but as the machinery behind what you already do. You set a floor you'd defend and a ceiling you'd happily sell at. You keep everything in between. The hard part is ours. The clarity is yours. This week, we open a few more doors. Not more risk. Better chosen risk.
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