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.
