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Like leading industry players and the most trusted trading firms, gain a competitive edge by leveraging the market’s leading options instrument.
A covered call allows a seller to sell an option to buy their asset if the asset reaches a certain price (Strike Price). Let's break it down step by step.
You sell an option to purchase an asset you own at predetermined conditions, including the Strike Price and Expiry Date, either through our automated matchmaking system or OTC.
Once the transaction is settled, you receive the premium from the buyer, and the underlying asset is transferred to an escrow smart contract. The option token is then minted by the escrow contract and delivered to the buyer. Every step is fully automated and fully executed on-chain.
a) If the underlying asset reaches the Strike Price, the buyer can exercise their option directly within our app, resulting in the sale of your asset at the agreed price.
b) If the Strike Price is not met by expiry, you retain your asset, and the option expires worthless.
Covered Calls can be a powerful strategy to generate income while retaining exposure to potential price appreciation. However, it’s just one of several approaches available to generate yields on substantial token positions.
Earn upfront income by committing to sell your tokens at a predefined price all while keeping ownership.
Selling tokens outright is the simplest way to realize gains and generate cash.
Lock tokens to earn rewards and support network operations.
Providing liquidity on Decentralized Exchanges allows you to earn trading fees while keeping exposure to your tokens
Lending tokens through DeFi protocols like Aave or Morpho offers a passive way to earn yield.
You sell an option, granting the buyer the right to sell an asset they own to you under predetermined conditions, including the Strike Price and Expiry Date, either through our automated matchmaking system or over-the-counter (OTC).
Upon settlement, you receive the premium from the buyer and lock stablecoins in an escrow contract, ensuring sufficient liquidity to purchase the asset if the buyer chooses to exercise their option (hence, cash-secured). The option token is then minted by the escrow contract and transferred to the buyer. Every step is fully automated and executed entirely on-chain.
a) If the underlying asset reaches the Strike Price, the option buyer can exercise their option to sell their asset directly within our app, resulting in the sale of your asset against the stablecoins you locked.
b) If the Strike Price is not met by expiry, you retrieve your stablecoins, and the option expires worthless.
Earn yield on stable coins in sideways moving markets.
Capitalize on increased volatility levels by writing short-term put options at market bottoms.
Acquire assets systematically at lower prices without incurring slippage.
