FAQ

What is the primary purpose of the platform?

Our platform is a decentralized options trading protocol designed to offer CEX-like performance and cost-efficiency while maintaining the transparency and security of decentralized finance (DeFi). We provide zero principal loss strategies by leveraging fixed-yield platforms and offer liquidity aggregation from CEXs, DEXs, and market makers.

How does the platform ensure zero principal loss?

We achieve zero principal loss by integrating with fixed-yield platforms like Pendle and Term Finance. When users engage in speculative options trading, the principal is locked into these fixed-yield products, and only the yield generated is used for trading. This means that even if the trade does not perform well, the user’s original capital remains intact.

What makes this platform different from traditional CEXs or DEXs?

While CEXs offer fast execution and liquidity, they operate with centralized control. On the other hand, DEXs offer decentralization, but may struggle with performance and liquidity fragmentation. Our platform combines the best of both worlds by providing:

How does the platform aggregate liquidity?

Our platform sources liquidity from multiple venues, including:

• Centralized exchanges (CEXs).

• Decentralized exchanges (DEXs).

• Market makers through a Request for Quote (RFQ) model.

By pulling liquidity from these multiple sources, we ensure that users receive the best price for their trades while minimizing slippage and execution time.

Does the platform support cross-chain trading?

Yes, our platform will support cross-chain liquidity aggregation using ERC-7683, enabling users to trade across multiple blockchains. Liquidity is sourced from different chains, and trades can be settled across them seamlessly. Cross-chain options trading will allow users to access the best liquidity available across ecosystems. However, underneath the whole system as of now we are deployed only on single chain.

What are “intents” in the platform?

An intent is essentially a user’s request to execute a trade. Instead of manually specifying all the steps involved in executing the trade, the user simply submits an intent (such as buying a call or put option), and the platform handles the liquidity sourcing, trade execution, and settlement.

How does the platform minimize gas costs?

We utilize several strategies to minimize gas costs:

• Optimistic verification for batching trade settlements. By verifying multiple trades at once, we reduce the number of on-chain interactions, lowering gas fees.

• RFQ model for market makers, which allows liquidity to be sourced off-chain, reducing on-chain gas consumption.

• Cross-chain settlement optimization, which ensures that liquidity and trades can be settled with minimal gas costs.

What is the role of the Strategy Layer?

The Strategy Layer allows users to implement predefined trading strategies or customize their own. It connects to external platforms (like Pendle and Term Finance) to offer users flexibility in how they approach their trading. It acts like Lego blocks, where different strategies can be combined and reused.

Does the platform use a relayer network?

Currently, we do not rely on a relayer network, as our primary focus is on efficient liquidity aggregation from existing CEXs, DEXs, and market makers. As we expand into cross-chain liquidity aggregation, we may or may not introduce a relayer system to speed up cross-chain liquidity sourcing.

How is security maintained on the platform?

Security is a top priority. We ensure security through:

• On-chain settlement, where every trade is recorded transparently on the blockchain.

• Integration with trusted fixed-yield platforms for capital protection.

• The potential use of canonical assets for cross-chain trading, ensuring trust-minimized asset transfers.

• Modular architecture that allows for easy integration with third-party systems without compromising security.

What kind of trades can I make on the platform?

The platform is primarily focused on options trading, allowing users to buy and sell call and put options. As we expand, we will support additional trading types, such as perpetual swaps and spot trading.

How can I participate in the platform as a liquidity provider or market maker?

Liquidity providers and market makers will be able to easily integrate into our Liquidity Aggregation Layer. You can participate by providing liquidity directly to the platform or submitting RFQs as a market maker. As the platform grows, you’ll have opportunities to engage in cross-chain liquidity provision and benefit from custom strategies built within the Strategy Layer. However, as of now we are still developing this layer.

How is this platform decentralized?

We ensure decentralization through:

• On-chain settlements for full transparency.

• The use of external liquidity sources (CEXs, DEXs, market makers) to avoid centralized control.

• User control over trading strategies via the Strategy Layer, which allows full customization of trading approaches.

• Cross-chain capabilities that connect multiple blockchains for broader market participation.