Use your in-the-money options as collateral to open inverse perpetual positions before expiry. This creates a synthetic hedge, maintaining your profit level regardless of price movement.

 page, select an in-the-money option you want to hedge, and click the 

 button to enter the size and review trade details.

Auto-bid positions cannot be hedged directly. To hedge an auto-bid position, first close the auto-bid strategy, and then bid receipts will become available to hedge.

Once hedged, the position using option collateral will appear in the 

If the perps portion incurs a loss, the position cannot be closed until the option expires, at which point it will be automatically closed.

If the collateral value deducting unrealized PnL and fees drops below the maintenance margin, the position may be subject to liquidation. Liquidation Price is calculated as the point where:

Collateral Value - Losses - Fees < Maintenance Margin Rate * Position Size

The maintenance margin rate is the minimum amount of collateral a trader must maintain to keep a position open. If a trader's margin falls below this threshold, the position will be subject to liquidation to prevent further losses.

Maintenance margin rates vary by market and are outlined below.

When a perp position opened by option collateral is liquidated, the collateral is escrowed by the TLP until expiry. At expiry, any remaining collateral after deducting losses and fees is distributed as follows:

Trade by Coin Collateral

Trade by Option Collateral

Typus Liquidity Pool (TLP)

Typus Finance

Introduction

Roadmap

$TYPUS Integrations

$TYPUS Airdrop

$TYPUS Tokenomics

Risk Management

Typus Perps

Options Specifications

Delta & Risk Level