Virtuals Butler Launches Automated Options Trading on Derive

Virtuals Protocol has launched the Virtuals Butler feature on the options trading platform Derive, which automates options operations. This feature allows users to hedge their BTC and ETH holdings before the Federal Reserve's interest rate decisions, CPI, and non-farm payroll data releases. Users only need to set their acceptable loss threshold and authorize once, after which Virtuals Butler will automatically complete the subsequent operations. Currently, this feature is open for private testing applications.

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