FinTech
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