{"podcast":{"title":"Bankless","slug":"bankless-357756","podcast_index_feed_id":357756,"rss_url":"https://feeds.flightcast.com/p83fuj0y0u58o82l41xei7zo.xml","website_url":"http://podcast.banklesshq.com/","image_url":"https://assets.flightcast.com/workspaces/vzyepv1wunc8uo4au6e1tld4/podcasts/p83fuj0y0u58o82l41xei7zo/qytiwwt972ormowswu9ysv65.png","author":"Bankless","episode_count":1372,"summary":"The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.","last_synced_at":"2026-09-17T00:20:29.695437+00:00","page_url":"https://stenobird.com/podcast/bankless-357756"},"episode":{"title":"Crypto is Ready for Onchain Options | Nick Forster, CEO of Derive","slug":"crypto-is-ready-for-onchain-options-nick-forster-ceo-of-derive","published_at":"2026-09-14T10:30:00+00:00","page_url":"https://stenobird.com/podcast/bankless-357756/crypto-is-ready-for-onchain-options-nick-forster-ceo-of-derive","show_page_url":"https://stenobird.com/podcast/bankless-357756","url":"https://pscrb.fm/rss/p/episode.flightcast.com/01M2FJXD36WWSVB61P3AZ9T0X9.mp3","audio_url":"https://pscrb.fm/rss/p/episode.flightcast.com/01M2FJXD36WWSVB61P3AZ9T0X9.mp3","summary":"Getting the direction of ETH right doesn’t guarantee you survive the trade. Derive co-founder Nick Forster joins David Hoffman to unpack why crypto’s options market has lagged behind perps, and why he believes that is changing. From the October 10 crash to a $300,000 Ethereum trade, they explore the different risks of leveraged bets, where options-based yield comes from, and why the deadline matters. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔓NEAR | TRADE CONFIDENTIALLY, GET 20% BACK https://bankless.cc/near2026 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS CONTENT MCP https://www.bankless.com/premium --- TIMESTAMPS 0:00 Why Options Lagged 5:56 The October 10 Shift 9:03 Options vs. Perps 21:37 Market Size & Economics 27:26 Derive’s HYPE Strategy 30:01 Why Onchain Matters 33:09 Inside the Risk Engine 35:51 What V3 Changes 38:02 Options in Everyday Apps 41:53 Does Volume Lift Prices? 44:08 Following Derive --- RESOURCES Nick Forster https://x.com/nickforster Derive https://x.com/DeriveXYZ --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures","meta_description":"Getting the direction of ETH right doesn’t guarantee you survive the trade. Derive co-founder Nick Forster joins David Hoffman to unpack why crypto’s opti…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2739,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/bankless-357756/episodes/crypto-is-ready-for-onchain-options-nick-forster-ceo-of-derive/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/bankless-357756/crypto-is-ready-for-onchain-options-nick-forster-ceo-of-derive.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}