Amberdata Blog

Global Bitcoin Derivatives Soaring, Here’s The Data You Can’t Miss

Written by Trevor Clarke | Jan 13, 2021

Cryptocurrencies have captured the attention of the traditional financial institutions. Derivatives now trade at a multiple of spot and swap volume around the world, around the clock.

Derivatives — The Institutional Instrument of Choice

Price Discovery, Open Interest, Funding Rates, Liquidations— When you are in the business of managing risk, derivatives are the institutional-grade instrument of choice. Derivatives provide a reasonable vehicle of exposure. Institutions and market professionals rely on real-time financial market data, but the digital assets space is fragmented across many trading venues. Without a comprehensive view across trading venues, institutional investing must observe and act upon segregated slices of the price, trades, open interest and order books.

Financial Levers For Competitive Edge

Order books with full depth, Trades across exchanges and Reference Rates are the core needs of any institution, but what brings a competitive advantage? Add funding rates, liquidations, open interest and long/short ratio to your business strategy and enable real time and historical market decisions without the complexity.

Derivatives Data Launched on Amberdata.io

Today we are excited to announce the launch of real time and historical FTX, Binance, BitMEX, Huobi and more, market data in our APIs.

Amberdata continuously strives to deliver the most comprehensive digital asset data solutions for financial institutions. By unifying blockchain-network, cryptocurrency spot and derivatives market data (including metrics and reference rates) Amberdata accelerates your time to market while reducing the cost and complexity to launch new products.

Features Available:

In the near future you can expect us to expand our data offerings with the same extensive coverage for derivatives from the top venues around the globe like we do for the spot markets. We are actively working to add support for LMAX, Deribit, OKEx, Kraken Futures and CME to name a few.