Derivatives Changelog

Luxor Derivatives Changelog

2024-05-08

Fixes

  • Fixed a timeout issue with our Derivatives Telegram Bot that was affecting the delivery of orderbook status messages.

2024-04-22

Improvements

  • Reviewed the intial margin to 80% instead of 70%.

2024-04-03

Improvements

  • Reviewed the margin schedule and implemented adjustments, setting a flat 35% initial margin requirement for USD-denominated contracts and 18% for BTC-denominated contracts.
  • Added rate limit when creating watcher links, so you can create up to 10 watcher-links every 30 minutes.

Fixes

  • Reviewed some interface component to improve usability and responsiveness.
  • Fixed an error thrown by redirect app router.

2024-03-21

Improvements

  • Introduced a revamped and highly responsive UI upgrade for our Contract Page, incorporating new functionalities such as preview and download options for our charts.
  • Added a new filter option by date to the Contract Performance table, enhancing user flexibility and data management.

Fixes

  • Reviewed infrastructure logic on the contract page for improved efficiency and performance.
  • Conducted a thorough review of the contract information format to ensure optimal responsiveness and user experience across different devices.
  • Added missing payment type informations on the title

2024-03-14

Improvements

  • Implemented an embedded support form to streamline the communication with derivatives support team.

Fixes

  • Updated Orderbook to handle null current and previous spotprice.
  • Updated Orderbook ladder as Bid column text size was inconsistent.
  • Fixed misplacement icon on the transaction table.
  • Disabled uneditable fields in settings

2024-03-07

Improvements

  • Implemented an enhanced navigation bar to streamline navigation and provide additional options, including the capability to collapse the menu bar for a cleaner interface.

Fixes

  • Removed some misguiding Required Field in the Settings page.

2024-02-27

Improvements

  • Implemented a refreshed and more responsive UI update for our Position Overview, featuring expanded view and enhanced filters.
  • Introduced a refreshed UI version for our Payment page featuring improved transaction table.

Fixes

  • Fixed layout issue on the Your Orders table options, making it more responsive.
  • Updated the Home page of Luxor Derivatives, transitioning it from Position Overview to Orderbook.

2024-02-20

Improvements

  • Introduced a refreshed UI version for our Orderbook, featuring display of new metrics, ladder filters, and options.
  • Implemented, for Orderbook, the capability to download pre-defined template for bulk order uploads.
  • Enhanced the calculation of Active Unit of Hashprice by implementing dynamic adjustments, ensuring exclusion of past days from the calculation.
  • Added 404 page.

Fixes

  • Fixed a bug related to Orderbook matching orders.
  • Fixed tooltip design for improved responsiveness.
  • Added error handling for invalid tokens in Watchers Link.

2024-02-06

Improvements

  • The Watcher-links feature has been launched, enabling users to share contract information with non-Luxor derivatives users.
  • Implemented a new design for the Contracts and Live Contracts pages.

Fixes

  • Updated column data reference to contractNumber to improve navigation.
  • Reviewed sidebar elements that were not displayed correctly.

2024-02-01

Improvements

  • Improved the computation of the reference rate to incorporate considerations for future halving events.
  • Implemented breadcrumbs to facilitate navigation within the application.

2024-01-24

Improvements

  • Implemented the Miner view in the Position Overview panel, showcasing daily mining rewards from your linked pool subaccount, along with the delivery quota.
  • Improved the Margin Breakdown view within the Position Overview panel. Now includes Maintenance margin schedule, Initial margin schedule, and Daily upfront PH bought information, in addition to the Requirement column.

Fixes

  • Fixed a bug related to upfront payment receipt and repayment balance calculation when USD currency is chosen.

2024-01-17

Improvements

  • Implemented USD KPIs support on the Payments page. You now have the ability to toggle between currencies to view your payment metrics.

2023-12-22

Improvements

  • Examined the key performance indicators (KPIs) cards on the Payments page. We have enhanced the presentation of more insightful data by adopting a table format.
  • Introduced a new section on the Settings page: Forward Settings. This addition allows you to easily access information such as your potential Luxor Pool account link or your margin buffer.

2023-12-08

Improvements

  • Reviewed the logic for the margin requirement calendar to display value on the current day rather than the following day.

Fixes

  • Improved column selections (checkboxes) for the position overview.
  • Added a scroll bar at the top to help with user experience.

2023-11-29

Improvements

  • Improved the error message for .csv bulk Order Book imports.

Fixes

  • Fixed a bug with mobile responsiveness on the Order Book ladders.
  • Fixed a bug that prevented Bank Details not getting persisted properly in the database.
  • Removed misleading success toast message for unsuccessful Order Book uploads, now we accurately reflect the upload status.

2023-11-07

Luxor Hashrate Forward Order Book: Simplifying Hashrate Hedging

Introducing Luxor's NEW Hashrate Forward Order Book. Derivatives OTC clients will be able to see Bids and Asks for Hashrate contracts directly on Luxor's Position Manager.

The cornerstone of any robust financial market is an effective Order Book, a platform where buyers and sellers meet to exchange at specified prices. For those involved in Bitcoin mining and the intricate dance of hashrate management, this mechanism is crucial.

Luxor Derivatives is introducing a sophisticated tool tailored for the nuanced needs of professional Bitcoin mining and hashrate hedging — The Hashrate Forward Order Book. Sign up for Luxor Derivatives to get access! (opens in a new tab)

Luxor's Hashrate Forward Marketplace is pioneering a new chapter in hashrate liquidity and hedging. It provides a much-needed marketplace for Bitcoin miners seeking to employ hashrate hedging tactics, delivering an environment rich with data and market sentiment analysis.

Key Features of Luxor's Hashrate Forward Order Book for Strategic Hedging:

The newly meticulously crafted Hashrate Forward Order Book at Luxor Derivatives is not merely an addition to our services—it's a strategic advantage for your hashrate hedging experience:


Real-Time Hashrate Bids and Asks:

Engage with the market through ISDA-approved access, revealing Ask/Bid prices tied directly to our proprietary Hashprice index, granting you a vital edge in hashrate hedging decisions.

Hashrate Batch Order Submissions:

Efficiency is paramount. Place multiple orders swiftly using a .csv file, ensuring your hashrate bids and asks are competitive and timely.

Hashrate Orders View:

Beyond the standard ladder view, our platform offers a detailed orders table, featuring both Recent Orders and a focused view of your personal hashrate contracts activity.

Sign up for Luxor Derivatives to get access! (opens in a new tab)

How To Access Luxor's Hashrate Forward Marketplace

Luxor's Hashrate Forward Marketplace redefines the landscape for professional traders in the Bitcoin mining sector, empowering miners and traditional investors with the tools to adeptly trade and hedge hashrate positions.

The introduction of our forward-thinking Order Book is a testament to Luxor Technology's commitment to innovation and treating hashrate as a commodity.

Why wait until the halving to implement hashrate hedging strategies? Sign up for Luxor's Hashrate Forward Maketplace (opens in a new tab) to start hedging!

Improvements

  • Released Orderbook (replacing the OTC Markets) that includes the following features :
    • Ability to add orders (Bid/Ask) for both BTC/USD denominated contracts
    • Ability to mass add orders via .csv import
    • Ability to extract orders (.csv format)

Fixes

  • Improved the message in the Position Overview for users without positions.
  • Position Overview is the new per default page with a link added in the Luxor Derivatives logo.
  • Fixed the loading bug in the Position Overivew (which cause few reloads).
  • Fixed the table view for the Live Contracts.

Disclaimer : The Luxor Orderbook is not an execution system or platform. The Luxor Orderbook is only used to show the state of current bids and offers. In accordance with Section 5h(a)(1) of the Commodity Exchange Act (CEA), market participants do not have the ability to transact with multiple market participants on this, or any other, Luxor platform. All communications are recorded and maintained in accordance with CFTC rules 1.31 and 1.35.

2023-07-10

Improvements

  • Position Manager got a brand new interface revamp that allows Hashprice Traders to visualize their overall position in a single dashboard.
  • Introduction of daily settlement, the average of 15-second prints of the index determine that day’s Daily Settlement.
  • Updated contract page with relevant metrics updates to account for daily settlement and dynamic margin.
  • Updated metrics card in payment page, now displaying: Payable, Available, Realized Balance and Unrealized Balance.

2023-03-27

Improvements

  • Show units in BTC instead of Sats with 5 decimals places, update BTC values to 8 decimals for CSV download.
  • Add dynamic Hashprice in Buy / Sell trader form.
  • Update OTC-markets page to link to Hashrate Index (opens in a new tab)
  • Update support image in OTC-markets page.
  • Update LEI to Legal Entity Identifier in Settings Page.

Fixes

  • Ensure reference hashprice and settlement rate columns in the contract performance table use 2 decimal places.
  • Fixed expired contract table pulling wrong value for settlement rate column.