Products
DeFi Options Vaults

Options Specifications

1min

Schema

Specification

Contract Type

Covered Call (1X, 3X, 5X & 10X) Call Selling (3X & 5X) Put Selling (1X, 3X & 5X)

Style

European

Underlying

SUI, TYPUS, AFSUI, VSUI, HASUI, DEEP, CETUS, NAVX, SCA, HIPPO, FUD, BLUB, LIQ, BTC, ETH & SOL

Min Order Size

๏ปฟMin Deposit and Bid Size๏ปฟ

Settlement Currency

Covered Call: Underlying Call Selling: wUSDC or USDC Put Selling: wUSDC or USDC

Maturity

10min Expiry every 10min Hourly Expiry every hour Daily, Weekly & Monthly Expiry at 8:00 AM UTC

Strike

Strikes based on the risk level, underlying spot price, implied volatility, and time to maturity

Trading Fee

10%-15% of options price

Settlement Price

๏ปฟPrice feeds are sourced from Pyth, Supra, DeepBook, Cetus, Turbos, Aftermath, Binance, OKX, Bybit, and MEXC.

  • Zero days to expiration (0DTE) and daily options use the oracle price at the time of settlement. $TYPUS, $HIPPO, $BLUB & $LIQ daily 3x capped call are exceptions, using a 5-minute TWAP.
  • Weekly and monthly options are based on 1 Hour EMAP or TWAP.

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