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Optionly is trader intelligence for Derive, built from the exchange's public fills and Deribit's public quotes. Every number on the site is computed from that data by fixed rules; nothing is hand-picked except the wallets we say we follow. Nothing here is investment advice. Links to Derive may use Optionly's broker code, which pays Optionly a share of exchange fees at no cost to you.

0x57d20f8af5875ad611dc836f78e4992dda5e6073market maker

487 fills in 30 days, $6M notional, PnL $4K with 313 winning and 50 losing closes. 487 option fills and 0 perp fills, 100% as maker, across 2 subaccounts. Back to leaderboard.

How PnL and positions are computed

PnL is our own accounting: average-cost realized plus open positions at the live mark, net of fees, with expired options settled at intrinsic. Derive’s own per-fill realized figure sums to $2K; it mis-states RFQ legs and never books expiry settlement, so we do not use it.

Positions are reconstructed from public fills since 2026-06-09, so anything opened before that shows only the part traded since.

Equity curve, 90 days
Realized plus mark-to-market of open positions, daily. Sortino 5.4, Sharpe 4.0, max drawdown $2K, 10 of 14 weeks positive.
Profile
90d PnL (MTM)$5K
realized / unrealized$4K / $224
Return on gross3.8%
Avg gross book$124K
Two-sided maker ratio1%
Persistence–
Follow 7dno aggressor fills
30d PnL$4K
7d PnL$935
30d call fills bought / sold50 / 176
30d put fills bought / sold73 / 188
30d far-OTM buys0
30d instruments traded301
30d avg fill$12K
30d fees paid$0
Open positions (42)
Net contracts per subaccount and instrument, marked at the live Derive mark (Deribit where Derive has none). Unrealized is measured against the average entry price of the fills we have seen; total unrealized $233. Expired options excluded.
InstrumentNetAvg priceMarkUnrealizedNotionalFillsFirstLastSub
BTC-20260916-80000-C-0.50$55.00$1.08+$27$38K209-15 14:2009-15 17:2568100
BTC-20260916-81000-C-0.50$42.00$0.89+$21$38K209-15 14:0009-15 17:1168100
BTC-20260917-72000-P-0.25$68.00$86.00-$5$19K109-14 13:3709-14 13:3768100
BTC-20260917-82000-C-0.25$109.00$25.00+$21$19K109-14 02:2009-14 02:2068100
BTC-20260917-81000-C-0.25$142.00$41.00+$25$19K109-15 07:4209-15 07:4268100
BTC-20260918-84000-C-0.25$67.00$32.00+$9$19K109-15 07:5209-15 07:5268100
BTC-20260918-80000-C-0.25$439.00$143.00+$74$19K109-15 18:2909-15 18:2968100
BTC-20260916-82000-C-0.25$34.00$0.70+$8$19K109-13 22:5709-13 22:5768100
BTC-20260916-75500-P-0.25$239.00$193.00+$12$19K109-15 18:3709-15 18:3768100
BTC-20260918-79000-C+0.25$519.00$224.00-$74$19K309-15 18:2909-15 18:3768100
BTC-20260917-80000-C-0.25$238.00$69.00+$42$19K109-15 16:4609-15 16:4668100
BTC-20260919-72000-P+0.25$285.00$225.00-$15$19K109-15 18:4609-15 18:4668100
BTC-20260918-72000-P+0.25$92.00$162.00+$17$19K209-15 09:1609-15 16:0468100
BTC-20260919-82000-C-0.25$98.00$97.00+$0$19K109-15 18:4709-15 18:4768100
BTC-20260918-81000-C-0.25$98.00$95.00+$1$19K109-15 18:4709-15 18:4768100
BTC-20260917-79000-C-0.25$130.00$121.00+$2$19K109-15 18:4709-15 18:4768100
BTC-20260919-79000-C-0.25$310.00$313.00-$1$19K109-15 18:4709-15 18:4768100
BTC-20260919-78000-C-0.25$468.00$484.00-$4$19K109-15 18:4709-15 18:4768100
BTC-20260919-81000-C-0.25$138.00$140.00-$1$19K109-15 18:4709-15 18:4768100
BTC-20260919-80000-C-0.25$203.00$207.00-$1$19K109-15 18:4709-15 18:4768100
BTC-20260917-78000-C+0.25$245.00$220.00-$6$19K309-15 18:4709-15 18:5368100
BTC-20260918-78000-C+0.25$362.00$362.00+$0$19K109-15 18:5309-15 18:5368100
BTC-20260916-75000-P-0.23$298.00$90.00+$48$18K209-15 08:5509-15 14:3568100
BTC-20260916-72000-P+0.20$20.00$2.46-$4$16K109-14 04:2609-14 04:2668100
BTC-20260917-70000-P+0.20$23.11$31.00+$2$15K309-15 04:3609-15 19:1668100
ETH-20260916-2500-C-3.90$5.56$0.30+$21$9K909-15 14:4409-15 20:4068103
ETH-20260916-2550-C-3.28$5.90——$8K709-15 08:4909-15 15:1968103
BTC-20260916-74000-P-0.10$116.33$19.00+$10$8K309-13 23:1809-15 08:4868100
BTC-20260916-79000-C-0.08$92.00$2.00+$7$6K109-15 08:5709-15 08:5768100
ETH-20260916-2525-C-2.50$6.14$0.10+$15$6K509-15 08:4709-15 17:1968103
BTC-20260917-76000-P-0.06$196.00$892.00-$41$5K109-14 19:2909-14 19:2968100
ETH-20260916-2575-C-1.50$5.93——$4K309-15 10:4909-15 17:4968103
ETH-20260916-2475-C-1.00$9.13$0.80+$8$2K409-15 14:5709-15 19:0968103
ETH-20260916-2650-C-1.00$2.15$0.04+$2$2K209-15 13:4509-15 18:4068103
ETH-20260916-2300-P-1.00$5.50$0.30+$5$2K209-15 13:4609-15 18:5068103
ETH-20260916-2425-C-0.60$18.83$6.60+$7$1K209-15 18:5609-15 18:5668103
ETH-20260916-2600-C-0.50$4.90$0.06+$2$1K109-15 11:2609-15 11:2668103
ETH-20260916-2400-P-0.50$4.65$7.80-$2$1K309-15 09:0809-15 12:1668103
ETH-20260916-2375-P-0.50$7.90$3.20+$2$1K109-15 18:1909-15 18:1968103
ETH-20260916-2350-P-0.40$3.46$1.30+$1$966409-15 13:1909-15 14:4468103
ETH-20260916-2425-P-0.40$8.80$20.60-$5$960209-15 11:4209-15 18:5668103
BTC-20260918-82000-C+0.00$111.00$65.00-$0$304109-15 14:3909-15 14:3968100
Recent fills
TimeInstrumentSideRoleSizePriceNotionalRealized
09-15 20:40ETH-20260916-2500-Cbuymaker0.1$0.30$240$1
09-15 19:16BTC-20260917-70000-Pbuymaker0.25$20.00$19K$2
09-15 19:09ETH-20260916-2475-Cbuymaker0.5$2.30$1K$3
09-15 19:09ETH-20260916-2450-Cbuymaker0.5$4.50$1K$2
09-15 18:56ETH-20260916-2425-Pbuymaker0.1$8.80$240–
09-15 18:56ETH-20260916-2425-Csellmaker0.5$19.10$1K–
09-15 18:56ETH-20260916-2475-Csellmaker0.5$6.30$1K–
09-15 18:56ETH-20260916-2450-Csellmaker0.5$8.80$1K–
09-15 18:56ETH-20260916-2425-Csellmaker0.1$17.50$241–
09-15 18:54ETH-20260916-2500-Csellmaker0.5$3.90$1K–
09-15 18:54BTC-20260918-74000-Psellmaker0.25$551.00$19K–
09-15 18:53BTC-20260917-78000-Cbuymaker0.25$248.00$19K–
09-15 18:53BTC-20260917-78000-Cbuymaker0.25$242.00$19K–
09-15 18:53BTC-20260918-78000-Cbuymaker0.25$362.00$19K–
09-15 18:51ETH-20260916-2500-Csellmaker0.5$2.90$1K–
09-15 18:51ETH-20260916-2500-Csellmaker0.5$2.80$1K–
09-15 18:50ETH-20260916-2500-Csellmaker0.5$2.70$1K–
09-15 18:50ETH-20260916-2300-Psellmaker0.5$9.00$1K–
09-15 18:47BTC-20260919-80000-Csellmaker0.25$203.00$19K–
09-15 18:47BTC-20260918-81000-Csellmaker0.25$98.00$19K–
09-15 18:47BTC-20260919-78000-Csellmaker0.25$468.00$19K–
09-15 18:47BTC-20260919-81000-Csellmaker0.25$138.00$19K–
09-15 18:47BTC-20260917-79000-Csellmaker0.25$130.00$19K–
09-15 18:47BTC-20260919-79000-Csellmaker0.25$310.00$19K–
09-15 18:47BTC-20260917-78000-Csellmaker0.25$242.00$19K–
09-15 18:47BTC-20260919-82000-Csellmaker0.25$98.00$19K–
09-15 18:46BTC-20260919-72000-Pbuymaker0.25$285.00$19K–
09-15 18:44ETH-20260916-2500-Csellmaker0.5$4.10$1K–
09-15 18:43BTC-20260918-74000-Pbuymaker0.25$551.00$19K–
09-15 18:42BTC-20260918-74000-Psellmaker0.25$511.00$19K$65
09-15 18:40ETH-20260916-2650-Csellmaker0.5$1.80$1K–
09-15 18:37BTC-20260916-75500-Psellmaker0.25$239.00$19K–
09-15 18:37BTC-20260918-79000-Cbuymaker0.25$480.00$19K–
09-15 18:33BTC-20260918-79000-Cbuymaker0.25$558.00$19K$18
09-15 18:29BTC-20260918-80000-Csellmaker0.25$439.00$19K–
09-15 18:29BTC-20260918-79000-Csellmaker0.25$630.00$19K–
09-15 18:19ETH-20260916-2375-Psellmaker0.5$7.90$1K–
09-15 17:49ETH-20260916-2575-Csellmaker0.5$3.90$1K–
09-15 17:25BTC-20260916-80000-Csellmaker0.25$43.00$19K–
09-15 17:19ETH-20260916-2525-Csellmaker0.5$3.50$1K–
09-15 17:18ETH-20260916-2525-Csellmaker0.5$3.40$1K–
09-15 17:11BTC-20260916-81000-Csellmaker0.25$33.00$19K–
09-15 16:46BTC-20260917-80000-Csellmaker0.25$238.00$19K–
09-15 16:04BTC-20260918-72000-Psellmaker0.00248$173.00$190$0
09-15 15:23ETH-20260916-2500-Csellmaker0.5$10.30$1K–
09-15 15:19ETH-20260916-2550-Csellmaker0.28$6.80$676–
09-15 15:14ETH-20260916-2475-Csellmaker0.5$12.30$1K–
09-15 15:03ETH-20260916-2525-Csellmaker0.5$6.30$1K–
09-15 15:02ETH-20260916-2525-Csellmaker0.5$6.70$1K–
09-15 15:01ETH-20260916-2550-Csellmaker0.5$6.00$1K–
09-15 15:00ETH-20260916-2550-Csellmaker0.5$6.00$1K–
09-15 15:00ETH-20260916-2550-Csellmaker0.5$5.40$1K–
09-15 15:00ETH-20260916-2550-Csellmaker0.5$5.20$1K–
09-15 14:57ETH-20260916-2475-Csellmaker0.5$8.80$1K–
09-15 14:50ETH-20260916-2550-Csellmaker0.5$5.00$1K–
09-15 14:44ETH-20260916-2350-Pbuymaker0.5$3.40$1K$0
09-15 14:44ETH-20260916-2500-Csellmaker0.5$9.90$1K–
09-15 14:44ETH-20260916-2500-Csellmaker0.5$7.90$1K–
09-15 14:39BTC-20260918-82000-Cbuymaker0.004$111.00$304–
09-15 14:35BTC-20260916-75000-Psellmaker0.25$298.00$19K$5