The Delta Exchange Story: An in-Depth Look

Delta Exchange was formed in 2018 with the goal of becoming the world’s most liquid and reputable global cryptocurrency derivatives exchange, capable of serving both retail and institutional traders. 

The brainchild of 3 IIT engineers – Pankaj Balani, Jitender Tokas, and Saurabh Goyal – Delta was built with a single aim: provide a fair, reliable, and secure way to trade crypto derivatives. For a crypto derivatives exchange that’s relatively new, Delta has an exceptional team background. 

• Pankaj Balani, the company’s CEO, spent more than six years working in derivatives trading with Wall Street heavyweights such as UBS in Hong Kong and India. He also has extensive knowledge of derivatives, quantitative finance, and Asian stock markets. 
• Jitender Tokas is the CBO and has worked as an institutional investor and an equities research analyst in the financial services industry for several years. 
• Saurabh Goyal, CTO, is a seasoned IT executive and serial entrepreneur. 

As for Delta’s advisory team, it comprises preeminent academics, top-tier business professionals, as well as entrepreneurs. 

Delta Exchange began with just one BTC-USD Futures contract on its platform and has since grown to become the world’s top crypto derivatives exchange, offering Futures, Options, and Perpetual Swaps on Bitcoin and over 50 altcoins with up to 100x leverage. Today, Delta is a high-performing digital asset derivatives exchange endorsed by prominent investors and projects such as CoinFund, Aave, and Kyber Network.

Before we look at the various unique offerings on Delta Exchange, let’s have a look at DETO, the utility token that enables all of DETO’s incredible features.

Powering the Delta ecosystem – DETO

DETO is Delta Exchange’s utility token. Essentially,  DETO is a rewards token based on the ERC-20 standard that allows Delta Exchange users to use the platform’s many features, such as trade farming and yield farming. In fact, Delta’s rewards program is based on DETO and is meant to encourage traders to participate in trading and other aspects of Delta Exchange.

The total supply of DETO is capped at 500 million. More details on the token allocation of DETO are as follows: 

At the Token Generation event:

• Treasury – 16.7%
• Reward pool – 20%
• Equity holders – 35%
• Private sale – 20.8%
• Employees and advisors – 7.5%

When supply = hard cap

• Treasury – 27.8%
• Reward pool – 30%
• Equity holders – 23.3%
• Private sale – 13.8%
• Employees and advisors – 5%

Let us now look at Delta’s unique and innovative offerings. 

Crypto derivatives

Delta Exchange offers futures and options on Bitcoin and over 50 altcoins. It also offers calendar spreads and interest rate swaps, among other innovative products.

• In the futures market, Delta provides perpetual swap contracts and fixed maturity futures with up to 100x leverage.
• Under options, Delta offers Vanilla options and MOVE options. 
• On the same underlying, calendar spreads represent a long and short position in near-term and longer-term quarterly futures.
• Interest rate swaps allow one stream of interest rate payments to be swapped for another.

Robo trading and Yield Farming strategies 

With the explosion of cryptocurrencies and their rising popularity as a means of generating high returns for investors, robo trading and yield farming have emerged as a safer and more efficient method to enter the crypto market. Robo trading on Delta Dexchange entails putting your cryptocurrency on autopilot and allowing a robot to monitor the market and do the work for you, while yield farming involves staking or lending one’s cryptocurrency assets in order to produce big returns in the form of additional cryptocurrency.

The robo-trading and yield farming strategies on Delta are as follows. 

ROBO TRADING STRATEGIES

• Top 2 Momentum

The top 2 Momentum strategy trades in BTC and ETH – the top 2 cryptos. 

• Top 20 Momentum

The Top 20 Momentum strategy trades in the top 20 cryptos. 

• DeFi Momentum

This Momentum strategy trades in top DeFi assets. 

• BTC Momentum

BTC Momentum strategy only trades in BTC inverse perpetuals. 

• ALTBTC Momentum

This strategy looks to trade in top altcoin pairs. 

• Large Cap AMM

The Large Cap AMM strategy provides liquidity on the books of cryptos with large capitalization – BTCUSDT and ETHUSDT. 

• BTCUSD AMM

On BTCUSD inverse contracts, the BTCUSD AMM strategy provides bids and offers. 

• Cash Future Arbitrage

In this strategy, the premium in BTC and ETH futures is captured over the spot market price of Bitcoin and Ethereum. 

• Delta Neutral Option Selling

This strategy sells weekly 20 Delta put and call options while simultaneously buying ATM options. 

YIELD FARMING STRATEGIES

• Enhanced Yield BTC

The Enhanced Yield BTC strategy generates a higher yield on BTC holdings.

• Enhanced Yield ETH

With this strategy, traders can generate ETH yield by writing monthly call options. 

• Enhanced Yield USDT

This strategy generates USDT yield by writing monthly put options. 

Undoubtedly, Delta Exchange has come a long way since its inception and is pioneering crypto trading like no other. To learn more about Delta Exchange, click here.