Underlyings

Instrument Selection

DoubleMarket offers any derivatives instrument available on selected trading venues (e.g., Deribit) as an exchange look-alike instrument, so long as such instruments pass DoubleMarket’s heuristic checks for liquidity. These checks include:

• Order book staleness
• L2 overall depth
• L2 quality, including volatility of quotes at different levels

Trading Venues

Trading venue selection, as well as limits on trading venue activity relative to total protocol activity, shall be determined by protocol consensus

• Deribit
• OKX (on roadmap)
• BitMEX (on roadmap)
• OTC dealers (on roadmap)