Heat retweeted
TP/SL orders for @DeriveXYZ RFQ?
Thinking of building an automation system for this.
Trading options has never been more liquid and accessible to onchain users.
Through HEAT you can easily execute and understand in a visual way trades like this $LIT call spread.
Under the hood your trades are getting routed to @DeriveXYZ RFQ.
2,000,000 $LIT options traded on Derive in a single trade.
1,000,000x LIT 27 Nov $4/$5 call spread, bought for ~$197K.
$6.1M notional.
Max profit: ~$803K if LIT settles above $5 on November 27.
Spot at entry: $3.06. 🚀
GET STARTED
To start, simply sign in using in @privy_io which will provide you with a dedicated HEAT wallet.
Deposit USDC from Ethereum, Arbitrum, Base or Optimism and start trading.
More assets and providers coming soon.
Just use HEAT.
useheat.xyz
UNDER THE HOOD
Execution runs through @DeriveXYZ RFQ.
Makers' live quotes are streamed in real time. Before anything is executed, you can review the trade's spread cost, fees and other details, and decide whether to proceed.






