ETHUSD-5000-C on Deri Protocol

Deri Protocol
1 min readNov 9, 2021

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We are excited to announce that ETHUSD-5000-C is now live at Deri Protocol’s everlasting options.

Trade Now!

Contract Specs

ETHUSD-5000-C

Base token: BUSD

Underlier: ETHUSD

Strike: 5000

Option Type: Call

Min Trade Volume (Notional): 0.01 ETH

Initial Margin Ratio: 10%

Maintenance Margin Ratio: 5%

Transaction Fee:

In-the-money: Transaction Fee = BTCUSD Price *0.15%

Out-of-money: Transaction Fee = Option Mark Price *4%

About Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.

Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

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Deri Protocol
Deri Protocol

Written by Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.

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