Introducing BTCUSD-100000-C, BTCUSD-40000-C, BTCUSD-30000-P, and BTCUSD-20000-P on Deri Protocol

We are excited to announce that 4 BTCUSD Everlasting Options strikes are now live at Deri Protocol’s everlasting options. The new BTCUSD strikes are listed below:

  • BTCUSD-100000-C
  • BTCUSD-40000-C
  • BTCUSD-30000-P
  • BTCUSD-20000-P

Trade Now!

Specs

1. BTCUSD-100000-C

Base token: BUSD、USDC、USDT、XVS、BNB、BTCB、ETH、LTC、SXP、XRP、DOT、LINK、DAI、ADA、CAKE、TUSD、TRX、MATIC

Strike: 100000

Option Type: Call

Min Trade Unit (Notional): 0.0001 BTC

Initial Margin Ratio: 8%

Maintenance Margin Ratio: 4%

Transaction Fee:

In-the-money: Transaction Fee = BTCUSD Price *0.1%

Out-of-money: Transaction Fee = Option Mark Price *1.5%

Funding Period: 7 Days

2. BTCUSD-40000-C

Base token: BUSD、USDC、USDT、XVS、BNB、BTCB、ETH、LTC、SXP、XRP、DOT、LINK、DAI、ADA、CAKE、TUSD、TRX、MATIC

Strike: 40000

Option Type: Call

Min Trade Unit (Notional): 0.0001 BTC

Initial Margin Ratio: 8%

Maintenance Margin Ratio: 4%

Transaction Fee:

In-the-money: Transaction Fee = BTCUSD Price *0.1%

Out-of-money: Transaction Fee = Option Mark Price *1.5%

Funding Period: 7 Days

3. BTCUSD-30000-P

Base token: BUSD、USDC、USDT、XVS、BNB、BTCB、ETH、LTC、SXP、XRP、DOT、LINK、DAI、ADA、CAKE、TUSD、TRX、MATIC

Strike: 30000

Option Type: Put

Min Trade Unit (Notional): 0.0001 BTC

Initial Margin Ratio: 8%

Maintenance Margin Ratio: 4%

Transaction Fee:

In-the-money: Transaction Fee = BTCUSD Price *0.1%

Out-of-money: Transaction Fee = Option Mark Price *1.5%

Funding Period: 7 Days

4. BTCUSD-20000-P

Base token: BUSD、USDC、USDT、XVS、BNB、BTCB、ETH、LTC、SXP、XRP、DOT、LINK、DAI、ADA、CAKE、TUSD、TRX、MATIC

Strike: 20000

Option Type: Put

Min Trade Unit (Notional): 0.0001 BTC

Initial Margin Ratio: 8%

Maintenance Margin Ratio: 4%

Transaction Fee:

In-the-money: Transaction Fee = BTCUSD Price *0.1%

Out-of-money: Transaction Fee = Option Mark Price *1.5%

Funding Period: 7 Days

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 = (Perpetual Futures + Everlasting Options) x Decentralized.

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Deri Protocol

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

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