What podcasts say about Nick Forster
Every statement, with the speaker, the exact quote and the moment it was said.
What Nick Forster has said on podcasts
28 statements · 21 positive · 2 negative · 1 mixed · 4 neutral
Options mature later than other financial-market verticals.
“Options are always the last vertical to mature.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 0:52
Crypto options market share will continue growing over the next couple years.
“I expect options to continue. They've started to really grow as a market share in crypto. I expect that to really... you know, kick on over the next couple of years.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 2:08
On-chain options technology now meets institutional trader requirements.
“The tech is finally good enough on that front.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 5:14
The October 10 crash sharply increased interest in crypto options.
“There was a step change on October 10 last year, the 10-10 crash.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 6:25
Perpetual contracts expose traders to path-dependent outcomes.
“perps are very path dependent”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 6:41
The Ethereum call spread would pay about $20 million if ETH reaches $7,000 by March.
“If ETH goes to 7K by March, that cold spread will pay out about $20 million”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 10:03
Perpetuals cannot replicate the example Ethereum call-spread payoff.
“You just can't express that view in any way, shape or form using the perps.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 11:06
Options can provide better short-term speculation than perpetuals.
“you can still speculate better on the short term with options too”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 13:13
Options and perpetuals serve complementary rather than conflicting roles.
“They're completely complementary.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 14:48
Perpetuals are simple instruments suited to price discovery and short-dated speculation.
“perps are, yeah, like more of a blunt instrument that's simple to use. You have a leveraged slider that good for price discovery and short dated speculation.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 15:07
Options support more varied financial payoffs than perpetuals.
“Options are much more like a Swiss army knife.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 15:13
Perpetual markets will become very large over the long run.
“I am very bullish on perps in the long run.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 18:12
Crypto options represent approximately 3–4% of perpetual-market size.
“We're like 3% or 4% of the perp market”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 22:15
Crypto options could grow roughly 30–40 times to match perpetual-market scale.
“So that's like 30 or 40x to go to equalize to where we are.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 22:22
Options exchanges have stronger network effects than perpetual exchanges.
“there are stronger network effects around options exchanges”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 25:48
Deribit controls approximately 70–75% of the crypto-options market.
“Deribit, I think, is still like 70, 75% of the market.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 28:05
Derive became the globally most liquid venue for Hyperliquid options.
“we became the most liquid venue globally for it”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 29:04
On-chain options provide self-custody and real-time verification of margin and risk state.
“it is self-custodial. You can verify the state of the risk engine and the margin in real time.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 30:38
On-chain options encode margin, liquidation, and settlement rules in smart contracts.
“all the rules are written in smart contracts”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 31:09
Derive’s current risk and settlement system has performed well through nearly three years of production.
“It's been in production now, this version, for almost three years. We've seen some pretty crazy market conditions with it. And yet, like, you know, we're always very kind of monitoring the risk parameters, you know, the system itself. But it's worked very well in practice.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 35:38
Derive V3 will become the most integratable and composable exchange protocol.
“we think this is going to be the most integratable exchange and protocol and composable protocol in existence”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 36:20
Greater liquidity in options markets generally reduces volatility.
“when our options markets become liquid, volatility actually generally comes down”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 38:54
Options will become mandatory offerings for many crypto exchanges.
“I do think options will become a mandatory offering for a lot of the exchanges.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 39:34
Many exchanges will white-label or integrate external options infrastructure.
“I would expect to see a lot of white labeling, a lot of integrations.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 39:56
Options will increasingly be embedded in trading products and neobank offerings.
“we're going to see a lot of options as a back ended into both like just a trading experience, but also... You know, you can imagine options, our options integrated into like a neobank offering”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 40:12
Democratized, transparent, lower-fee options products will form a large market.
“We think democratizing them, bringing them out in the open, making them transparent, reducing the fees, making all of that more competitive is going to be a huge market”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 40:45
Large options volume can increase underlying-asset prices, but does not necessarily do so.
“It can be. It's not necessarily.”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 42:43
Large options activity can reduce spreads, improve execution, and lower volatility over time.
“It does reduce spreads, trading execution quality, reduces volatility in the market over time”
Open the episode · Crypto is Ready for Onchain Options | Nick Forster, CEO of DeriveListen at 43:47
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.