Professional crypto software package 1Token adds support for Deribit derivatives »CryptoNinjas
Deribit, the popular bitcoin and cryptocurrency exchange, today announced a new partnership with 1Token, a financial software from the front-to-back office for crypto institutions.
1Token is the all-in-one financial software for crypto institutions, which supports 20+ blockchains, 100+ DeFi protocols and 80+ CeFi and traditional trading venues.
1Token users can now trade all derivatives available on Deribit via the API. 1Token supports all underlying cryptocurrencies, including spots, derivatives, structured products, SAFT, POW / POS mining, DeFi, NFT, etc.
In the case of derivatives, users are allowed to perform risk analysis on derivatives trading books (eg Delta, Gamma, Theta, Vega, etc.) by enabling clients to define the volatility surface, the concept structure, the bias and create scenario analysis for Greeks and PnL.
In addition, 1Token collects real-time market data from 100+ trading venues and tracks all positions, risks and transactions. Institutions can perform portfolio management, risk monitoring, trading execution, asset transfer, accounting and reporting on one platform with 1Token software.
Derbit on 1Token
Crypto PMS functions on 1Token enable institutions to track position across multiple instruments and arenas, calculate portfolio NAV and create routine reports such as daily position and PnL summary.
1Token’s crypto-RMS allows institutions to set multiple thresholds based on real-time risk rules such as NAV, gross and net exposure, maintenance margin, etc., and immediately send alerts to users via multiple channels (eg email, phone call, TG, Slack) when the risk rule threshold values have been reached.
For OEMS, institutions can perform single-legged / multi-legged trading, place algo orders (TWAP, VWAP …) via 1Token’s trading execution module and carry out transfers across all CeFI and DeFi accounts and venues.
When it comes to accounting, 1Token retains all historical balances, positions and transactions and performs automatic trade reconciliation every hour. Internal and external reports on risk, performance and cash flow can be generated and delivered based on customized calculations and client-preferred frequency.
1Token currently serves 40+ institutions, including the Algorand Foundation, Amber Group, Animoca Brands, FBG Capital, Matrixport, Metalpha, Zipmex and more, totaling $ 20 + billion in assets under management.