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?

DBOE - “the leading DEX in options market”

Novel and simple optionality feature

Non-custodial

Non-custodial

Collateral requires is capped by the distance of strike price and conditional strike price

Further derivatives product will be safely built on top of DBOE options

Regular options can be easily constructed

No clearing risk

No clearing risk

Get started with DBOE

Step 1

Connect your wallet to DBOE

Step 2

Select the coin for your options contract
Use price chart and volatility chart to identify the market

Step 3

Select options expiration date, Price and Position (Call/Put)

Step 4

Review Price and put Quantity on Order Review
Approve and Send Order

DBOE ACADEMY 

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!

Scan and Download to Trade now !

DBOE is currently live on

BSC

Avalanche

DBOE is currently live on

Avalanche

BSC

SUBSCRIBE!

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

SUBSCRIBE!

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