Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
It seems that this week there was a clearing of gamma positions in Bitcoin. But the trouble is that liquidity still hasn’t appeared in the market. This is quite a strange situation: even after traders closed their positions, trading volumes remain thin.
The problem is that the options market is currently operating under conditions of a chronic liquidity shortage. Gamma exposure has dissipated, but that hasn’t solved the core issue—the lack of participants and volume. As a result, traders’ strategies are becoming more conservative, and the market’s overall momentum slows down.
Overall, the situation shows that the crypto market needs not just a clearing of positions, but a real influx of new participants. Otherwise, even after resolving acute gamma-related situations, we will continue to see the same trading stagnation.