The Options Engine
Crypto Never Had
Traditional tools assume market hours, deep liquidity, and predictable vol. Crypto has none of that. We built a valuation engine from first principles: 37 Greeks deep, 10-minute cycles, regime breaks detected before price confirms.
See the Surface.
Read the Regime.
Term structure inversions. Skew dislocations. Compression breaking into expansion. Seven views that read together tell you where vol capital is moving and what the surface expects next.
Each chart cross-references the others. When they converge, conviction is high. When they diverge, something is about to break.
Explore Volatility LandscapeOne Option Is Noise.
Hundreds Together Are Signal.
This is the core idea behind ORIA (Options Reusable Intelligence Architecture). We don't analyze options one by one. We group 2,500+ options into 24 risk cohorts per asset: moneyness × expiration × liquidity. Then we watch how cohorts behave together.
Gamma concentrating in one corner. Vanna flipping sign across the surface. 4th-order Greeks spiking in patterns that precede liquidation cascades.
Self-learning thresholds adapt to each volatility regime. What triggers an alert at 60% IV is noise at 150% IV. The system knows the difference.
Result: Regime breaks detected 10-30 minutes before price confirms.
Every Option Repriced. Every Cycle.
Market price vs. theoretical price. The gap is opportunity. We go beyond Black-Scholes across every active option on Deribit.
Mispricing Detection
Market diverges from theoretical value. You see it in real time, not after the fact. Both BS and American exercise pricing.
Surface Anomalies
Put-call parity violations. Calendar spread inefficiencies. Cross-strike arbitrage. Scanned automatically every cycle.
Gamma Pinning Analytics
GEX by strike, flip levels, suppression and amplification zones. The gravitational map of options flow.
Regime-Aware Timing
Vol lifecycle phases tracked per coin. Know when compression ends, when expansion peaks, when to enter and exit.
Cross-Asset Relative Value
IV spreads, skew divergence, and gamma efficiency across coins vs BTC. Where to deploy vol capital and at which tenor.
Reliability Scoring
Not all options are equal. Each one scored for data quality, liquidity, and pricing confidence. Trust the right signals.
Markets show prices. We show value.
Every 10 minutes, ORIA transforms
market chaos into structured intelligence.
Ingest
Full option chain from Deribit. Order book to level 1,000. Every cycle. 24/7. No gaps.
Evaluate
Black-Scholes repricing. 37 Greeks calculated. Liquidity scored. Reliability flagged. Per option.
Cluster
24 risk cohorts per asset. Liquidity-weighted aggregation. Cross-cohort flow tracked.
Detect
22 Greek ratios across 5 analytical tiers. Self-learning thresholds. Regime breaks flagged before price moves.
Built for Quants.
Not Gamblers.
If you want "signals" or "easy alpha": wrong place. We provide institutional-grade data. You make the calls.
Prop Desks
Running crypto options books and needing real-time Greek exposure across the full surface.
Quant Researchers
Building derivatives strategies on data that didn't exist before. 37 Greeks, 150+ surface columns per coin.
Risk Managers
Monitoring portfolio Greeks across strikes, expirations, and vol regimes. Concentration risk, before it hits.
Market Makers
Tracking surface dynamics, liquidity shifts, and gamma pinning in real time. Every 10 minutes.
The Data Layer
Your Strategy Is Missing.
Every Greek, every cohort metric, every signal: queryable in one call. Options, futures, spot, and the full volatility surface. All documented.
Ready-made recipes for positioning analysis, surface snapshots, and GEX setups. Live case studies from the production database: timestamped signals that preceded real moves.
Limited early access
The next regime break is coming.
Will you see it first?
Leave your email. We'll reach out when we're ready to onboard.