Introducing ETHUSD-3000-C and ETHUSD-2000-P on Deri Protocol

Deri Protocol
2 min readJan 26, 2022

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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.

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Deri Protocol
Deri Protocol

Written by Deri Protocol

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

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