Deribit, the trendy bitcoin & crypto alternatives alternate, announced this present day a brand recent partnership with 1Token, a entrance-to-lend a hand status of business monetary software for crypto establishments.
1Token is the all-in-one monetary software for crypto establishments, supporting 20+ blockchains, 100+ DeFi protocols, and 80+ CeFi & venerable buying and selling venues.
Now, 1Token users can alternate all derivatives available on Deribit by technique of API. 1Token supports all underlying crypto sources, including spots, derivatives, structured products, SAFT, POW/POS mining, DeFi, NFT, etc.
By formula of derivatives, users are allowed to perform threat analytics on derivatives buying and selling books (e.g., Delta, Gamma, Theta, Vega, etc.) by enabling purchasers to outline their volatility floor, term structure, skewness and makes scenario analysis for Greeks and PnL.
Furthermore, 1Token aggregates real-time market data from 100+ buying and selling venues and tracks all positions, dangers, and transactions. Institutions can perform portfolio management, threat monitoring, alternate execution, asset transfer, accounting, and reporting on one platform with 1Token software.
1Token presents real-time data from all forms of counterparties
Derbit on 1Token
Crypto PMS ingredients on 1Token enable establishments to computer screen trades all the draw in which thru a pair of instruments and venues, calculate portfolio NAV, plus perform systematic reviews recognize day after day positions and P&L summaries.
1Token’s crypto RMS enables establishments to field a pair of thresholds based on real-time threat guidelines equivalent to NAV, inappropriate and in finding publicity, repairs margin, etc., and presently ship notifications to users by technique of a pair of channels (e.g. e mail, mobile phone name, TG, Slack) as soon as the threat rule thresholds are reached.
For OEMS, establishments can habits single/multi-leg buying and selling, status algo orders (TWAP, VWAP…) by technique of 1Token’s buying and selling execution module, and habits transfers all the draw in which thru all CeFi & DeFi accounts and venues.
Relating to accounting, 1Token keeps all historical balances, positions, and transactions and performs computerized alternate reconciliation hourly. Inner and exterior reviews on threat, performance and money go along with the hobble could perchance perchance be generated and delivered based on customized metrics and client-most trendy frequency.
Currently, 1Token serves 40+ establishments, including Algorand Basis, Amber Community, Animoca Brands, FBG Capital, Matrixport, Metalpha, Zipmex, and more, which in whole exceed $20+ BN in sources managed.
