Product details

Our protocol uses the token as the collateral for the underlying asset for call options and USDC as the collateral for the underlying asset for put options.

When a user sells an option, or better known as, writing covered calls, they provide liquidity for the underlying asset. By doing so, they receive premiums in the form of the collateral from the option buyer.

We are offering weekly expiration options and the expiry is set to be 4:30 PM GMT every Friday.

We we will set option prices of 5 strikes for each token.