Luxor has launched a brand new Hashprice NDF, but what does that mean? Our Head of Derivatives Matt Williams walks you through some of the most common questions we encounter:

0:53 - Can you give us a quick breakdown of what hashprice is and why it’s an important metric for Bitcoin miners? 2:25 - What is a non-deliverable forward? What’s the benefit of starting with this type of derivative? 3:55 - Can you give us an example of how a trade is structured? 6:20 - Who is the ideal buyer and the ideal seller of this type of contract? 7:58 - Why might a non-miner (a traditional financial firm like investment banks or hedge funds, for example) want to trade these contracts? 9:10 - Why launch a hashprice derivative now? 10:53 - If institutions and miners want to start trading these derivatives, how can they get onboarded?