Implied Crypto Probabilities (free tool)
Implied price probabilities from Deribit option chain data
# Investing AssistantWhat is Implied Crypto Probabilities (free tool)?
Derived market-implied price distributions from Deribit options using Breeden-Litzenberger Method, extracting probability data to analyze crypto market sentiment and price expectations.
Problem
Users analyzing crypto markets struggle to accurately determine price distributions and probabilities, which can lead to misguided investment decisions. A primary drawback of this old solution is determining accurate price distributions and probabilities.
Solution
A free tool that derives market-implied price distributions from Deribit options using the Breeden-Litzenberger Method, allowing users to extract probability data to analyze crypto market sentiment and price expectations.
Customers
Crypto traders analyzing market data trends, financial analysts studying cryptocurrency market behaviors, and investment strategists seeking enhanced data for decision-making.
Unique Features
It uses the Breeden-Litzenberger Method to extract implied probabilities from options data, providing unique insights into market sentiment and price expectations derived from real market conditions.
User Comments
Easy to use and valuable for traders
Provides in-depth insight into market sentiment
Needs more options for additional cryptocurrencies
Helps improve investment strategies
Useful for analysts to understand market expectations
Traction
Launched on Product Hunt, increasing exposure to a broad community of early adopters and technology enthusiasts.
Market Size
The crypto derivatives market is rapidly growing, and as of 2021, it was estimated to be $3 trillion annually, reflecting a significant demand for analytical tools.
