WHY DBOE?

Cryptocurrencies are worth an aggregate US$2 trillion today, and the derivatives market on this new asset class is just starting to take shape. While crypto futures contracts on centralized exchanges are well-established, the crypto community has yet to settle on a good options product and trading venue for a few reasons.

Volatility of crypto assets ​

This is the single biggest determinant of crypto options prices, which can be an entire order of magnitude larger than that of traditional asset classes like equities and fixed income. This makes crypto options notoriously difficult to price and even riskier to trade.

Pricing and risk management challenges​

High volatility also makes the risk of crypto options positions challenging for exchanges to manage, and many exchanges have no choice but to heavily cap leverage, set high margins, and even disallow the selling of options. These restrictions distort the prices of options leading to higher volatility risk premiums.

Elegant product design

Instead of listing vanilla puts and calls that can result in unlimited losses for traders, DBOE lists simple bull and bear spreads with capped payoff structures. This allows DBOE to keep margins at a sane level which provides up to 5x capital efficiency for options sellers while limiting potential losses. Options buyers face zero counterparty and default risks because short options positions are still fully collateralized. DBOE also marries the deep liquidity and efficient pricing of a central limit order book (CLOB), with DeFi infrastructure that allows traders to operate their own DeFi wallet of choice for maximum security and low transaction fees.

Volatility of crypto assets ​

Volatility of crypto assets ​

This is the single biggest determinant of crypto options prices, which can be an entire order of magnitude larger than that of traditional asset classes like equities and fixed income. This makes crypto options notoriously difficult to price and even riskier to trade.

Pricing and risk management challenges​

Pricing and risk management challenges​

High volatility also makes the risk of crypto options positions challenging for exchanges to manage, and many exchanges have no choice but to heavily cap leverage, set high margins, and even disallow the selling of options. These restrictions distort the prices of options leading to higher volatility risk premiums.

Elegant product design

Elegant product design

Instead of listing vanilla puts and calls that can result in unlimited losses for traders, DBOE lists simple bull and bear spreads with capped payoff structures. This allows DBOE to keep margins at a sane level which provides up to 5x capital efficiency for options sellers while limiting potential losses. Options buyers face zero counterparty and default risks because short options positions are still fully collateralized. DBOE also marries the deep liquidity and efficient pricing of a central limit order book (CLOB), with DeFi infrastructure that allows traders to operate their own DeFi wallet of choice for maximum security and low transaction fees.

WHAT MAKES US DIFFERENT?

No. 1 Non-Custodial DeFi Option Venue

On-chain Order Book (CLOB)

DBOE integrated full On-chain, operating entirely on the blockchain for transparency and fairness

Zero Counterparty Risk

With DBOE, option buyers can trade with confidence knowing there's zero counterparty risk.

Non-custodial / Web3 principle

Our platform is non-custodial ensuring a secure and decentralised trading environment.

High Capital Efficiency

DBOE provides high capital efficiency for option sellers, maximising their potential returns.

Portfolio Margin

Portfolio margin is one component of DBOE ecosystem that is in the development phase as of now.

DBOE Academy/Paper Trading Environment

Enhance your options trading skills in a cost-free and risk-free practice environment designed.

DBOE ECOSYSTEM

This ecosystem serves as a bridge between TradFi and the innovative world of DeFi blockchain technology.

  Free Educational Platform: academy.dboe.io In 2022, we launched DBOE Academy as our first effort to promote understanding and use of blockchain and cryptocurrency among students and newcomers to the crypto world. With DBOE Academy, we believe that it’s important for people to learn about blockchain and crypto financial products to empower themselves and prepare for the future. Through DBOE Academy, we offer free courses and webinars that teach the basics of blockchain and its transformative potential. Additionally, we provide a paper trading platform on the Mainnet where students can practise trading with our own paper currency. We cover the transaction fees directly for students, so there’s no cost or risk involved. Moreover, students who excel in this program have a chance to win attractive prizes.

Option Market Place: dboe.exchange 

DBOE provides an innovative decentralised crypto European-Options trading platform, integrating a fully On-chain CLOB to ensure deep liquidity, facilitating efficient trading.

DBOE stands out as a safe, secure, and cost-effective platform with zero counterparty risk, offering a user-friendly interface, enabling users to engage in lightning-fast trades with minimal transaction fees.

Token holders have the opportunity to stake their DBOE tokens. This staking activity involves validating settlement prices upon the expiry of options (which occurs weekly) in exchange for payments in DBOE tokens.
In addition to staking DBOE tokens, investors can stake their USDT into Portfolio Margin and Lending Services (DPML), providing the attractive returns while their principal is protected.
DBOE offers token holders the right to vote on DBOE’s development. All token holders are eligible to participate in key decision-making alongside the DBOE Board.

EASY TO USE?

Get started with DBOE

Step 1

Connect your wallet to DBOE.

Select a chain from Chain List (other chains for live trading, Nautilus for paper trading).

Step 2

Select the coin for your option contract.

Use price chart and volatility chart to identify the market.

Step 3

Select expiration date, Option Price and Position (Call/Put) in the Option Chain.

Step 4

Check out the On-chain Order Book, select Price Level and/or Quantity you want to trade.

Enable Option, Enable USDT and Send Order

OUR PARTNER

Our Business and Ecosystem Partners

OUR BRAIN

Advisors

Core Team

Kevin Wong

HEAD OF UX & STRATEGY

Binh Nguyen

HEAD OF MARKETING

DBOE ACADEMY

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DBOE is now available to trade on the mobile platform.
You can easily start trading and refer your friends to get attractive rewards.
Now, let’s trade!

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DBOE is currently live on

Polygon

Nautilus

Avalanche

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We are in closed Beta phase, please comeback later or SUBSCRIBE for latest updates!