Following recent market shocks, we’re examining hedging practices in crypto markets. Perps dominate trading volume, dwarfing options, but is it time for regime change and could options be the answer? The October 10 crash reminded us how extreme crypto’s volatility can be, and how current hedging tools are limited due to the relatively small size of the market.

One year after the Trump family’s first foray into crypto, we analyze the trends shaping their digital-asset empire. From humble beginnings to booming volumes, and even bigger busts, we explore what drives returns and losses in the first family’s much-touted crypto venture.

A sharp, geopolitics-triggered shock on Friday cascaded into one of crypto’s largest deleveraging events, with more than $500bn wiped from market cap as forced liquidations surged, order book depth vanished, and venue-specific pricing frictions amplified stress, especially around Binance and USDe, leaving open interest suppressed despite a partial weekend rebound.