Derive Straddle Volume

Buys and sells small at-the-money BTC and ETH option straddles on Derive with resting orders to rack up volume and DRV rewards at low cost. • Small paired trades: Bids both legs of the tightest BTC or ETH straddle together with 10% of free USDC, so several small positions can run at once. • Never cross the spread: Every 2 minutes re-prices post-only orders from the middle toward one tick inside the other side; a lone leg is offered near its cost. • Capital guard: At the loss limit it stops opening and works exits as resting orders; only legs within 3 hours of expiry are sold at the bid.