Introducing ETHUSD-3000-C and ETHUSD-2000-P on Deri Protocol
We are excited to announce that 2 ETHUSD Everlasting Options strikes are now live at Deri Protocol’s everlasting options. The new ETHUSD strikes are listed below:
- ETHUSD-3000-C
- ETHUSD-2000-P
Trade Now!
Specs
1. ETHUSD-3000-C
Base token: BUSD、USDC、USDT、XVS、BNB、BTCB、ETH、LTC、SXP、XRP、DOT、LINK、DAI、ADA、CAKE、TUSD、TRX、MATIC
Strike: 3000
Option Type: Call
Min Trade Unit(Notional): 0.001 ETH
Initial Margin Ratio: 8%
Maintenance Margin Ratio: 4%
Transaction Fee:
In-the-money: Transaction Fee = ETHUSD Price *0.1%
Out-of-money: Transaction Fee = Option Mark Price *1.5%
Funding Period: 7 Days
2. ETHUSD-2000-P
Base token: BUSD、USDC、USDT、XVS、BNB、BTCB、ETH、LTC、SXP、XRP、DOT、LINK、DAI、ADA、CAKE、TUSD、TRX、MATIC
Strike: 2000
Option Type: Put
Min Trade Volume (Notional):0.001 ETH
Initial Margin Ratio: 8%
Maintenance Margin Ratio: 4%
Transaction Fee:
In-the-money: Transaction Fee = ETHUSD 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.