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FinTech

Binance Ethereum Option Algo

Binance Ethereum Option Algo
Role
Solo developer & quant
Year
2024
Category
FinTech
Stack
Python, Binance API
Overview

A dynamic hedging algorithm for ETH options on Binance, built to keep a delta-neutral book through crypto’s sharper, less forgiving swings than traditional equity derivatives.

The engine recalculates Greeks on every price update and rebalances the underlying hedge continuously, rather than on a fixed interval, to reduce slippage during fast moves.

Highlights
01Continuous delta-neutral rebalancing instead of fixed-interval hedging
02Custom Greeks engine tuned for crypto’s fatter volatility tails
03Exchange-native order routing with retry and fallback logic
04Position-level P&L attribution by Greek

Feature gallery

Built with
PythonBinance APIAsyncIORedis
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