Extension of the Black-Scholes-Merton Model to Include Supply Change Rate for Ethereum Options
Posted on April 17, 2025
Ethereum (ETH) is a cryptocurrency that resembles a combination of a currency, a stock, and a commodity. It is a non-dividend-paying crypto asset with a dynamic supply change parameter. Ethereum options have been traded since 2019. Deribit is the largest ETH options exchange by volume, with a market share of …