Defi Board Options Exchange​

DBOE’s unique and elegant product design makes crypto trading simple and low risk for everyone, while marrying the best features of CeFi and DeFi exchanges.

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 ​

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

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

Trading made easy

ABOUT DBOE

What is DBOE?

Decentralised exchanges (DEX) are a type of cryptocurrency exchanges which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.

Decentralised Exchange employs a set smart contracts that self-execute under pre-determined conditions. Transactions on DEX are directly recorded and settled on the blockchain.

DBOE is an unique DEX and they pride themselves to be the leading Decentralised Exchange in the options space by offering a simple but unique and safe options trading and clearing to the crypto user community.

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.

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 ​

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
Further derivatives product will be safely built on top of DBOE options
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HOW SECURE IS DBOE?

Users have the flexibility to choose protection range

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

Regular options can be easily constructed

No clearing risk

KEY PARTNERS AND INVESTORS

Road map

Loading 50%

Dev. team formation – Seeding prospects

50% matching engine completed – Advisor prospects

Advisors formation – 50% UI completed – 75% matching engine

Partner prospects – 75% UI completed – Started Clearing Smart Contract Dev.

Onboard Market Makers – Grow liquidity

Mobile app – Public Token Sale

Futures market launch – Mobile app

Expansion of Acceptable Collateral

Learn more about DBOE and Derivatives

OUR BRAIN

Advisors

ADVISOR

VLADIMIR BARZOV

VLADIMIR BARZOV

ADVISOR
Profile

ADVISOR

DIAS LONAPPAN

DIAS LONAPPAN

ADVISOR
Profile

ADVISOR

Tradfi Business Head

Tradfi Business Head

ADVISOR
Profile

Core Team

CEO

LILY PHAM

LILY PHAM

CEO
Profile

CO-FOUNDER & TECH LEAD

DAVID NGUYEN

DAVID NGUYEN

CO-FOUNDER & TECH LEAD
Profile

HEAD OF MARKETING - VIETNAM

BINH NGUYEN

BINH NGUYEN

HEAD OF MARKETING - VIETNAM
Profile

HEAD OF UX

KEVIN WONG

KEVIN WONG

HEAD OF UX
Profile

FOUNDER

QuantVu86

QuantVu86

FOUNDER
Profile

Vladimir Barzov

ADVISOR

Vladimir Barzov is a tech entrepreneur with a background in systems development, data modeling, and crypto trading. He is passionate about the intersection of technology and commerce in their service to humanity.

Vladimir has worked for big corporations like Goldman Sachs, Medtronic, and Google across various geographies including the US, the UK, Japan, Switzerland, and Singapore. He holds a dual bachelor’s degree in Maths and Economics from MIT, as well an MBA from INSEAD. He is a math aficionado and has won gold medals from the IMO.

Vladimir is currently with AlphaLab Capital

Vladimir Barzov is a tech entrepreneur with a background in systems development, data modeling, and crypto trading. He is passionate about the intersection of technology and commerce in their service to humanity.

Vladimir has worked for big corporations like Goldman Sachs, Medtronic, and Google across various geographies including the US, the UK, Japan, Switzerland, and Singapore. He holds a dual bachelor’s degree in Maths and Economics from MIT, as well an MBA from INSEAD. He is a math aficionado and has won gold medals from the IMO.

Vladimir is currently with AlphaLab Capital

Dias Lonappan

ADVISOR

Dias is the Chief Technology Officer (CTO), responsible for the overall technology strategy for CACHE.GOLD. He is a crypto evangelist and a privacy advocate; a strong believer that the KYC and Identity space is broken and needs to be fixed.

Dias was previously involved in the research on Banker’s Risk Taking during the GFC. He created the first few smart contract applications for integrating hard assets like gold and silver into the crypto ecosystem, as well as the first crypto to gold ATM that was featured in Coindesk. He was previously part of a startup that was listed as one of the top 8 Crypto Fintech startups in Singapore.

Dias Lonappan

ADVISOR

Dias is the Chief Technology Officer (CTO), responsible for the overall technology strategy for CACHE.GOLD. He is a crypto evangelist and a privacy advocate; a strong believer that the KYC and Identity space is broken and needs to be fixed.

Dias was previously involved in the research on Banker’s Risk Taking during the GFC. He created the first few smart contract applications for integrating hard assets like gold and silver into the crypto ecosystem, as well as the first crypto to gold ATM that was featured in Coindesk. He was previously part of a startup that was listed as one of the top 8 Crypto Fintech startups in Singapore.

Tradfi Business Head

ADVISOR

Mr. Tradfi Business Head is currently head of a major derivatives revenue line at an international financial institution. He is deeply appreciative of the novelty, simplicity, and elegance of DBOE options product, and is personally invested in the project. He has eagerly agreed to advise the project and help it to scale, however he wishes to remain anonymous for the time being.

Tradfi Business Head

ADVISOR

Mr. Tradfi Business Head is currently head of a major derivatives revenue line at an international financial institution. He is deeply appreciative of the novelty, simplicity, and elegance of DBOE options product, and is personally invested in the project. He has eagerly agreed to advise the project and help it to scale, however he wishes to remain anonymous for the time being.

Lily Pham

CEO

Lily Pham started her career in the crypto business with a Singapore start-up specializing in cryptocurrency and internet marketing at a time when crypto was still in its infancy. She then transitioned from crypto to Meta, where she offered payment assistance and protected consumers and companies from financial fraud on Facebook throughout the world. Lily is currently focusing all of her attention and effort on creating an impact in the cryptocurrency ecosystem with DBOE. She is responsible for overseeing and supervising DBOE’s expansion in Vietnam and Southeast Asia.

Lily has committed to working full-time with DBOE to build a secure and healthy crypto ecosystem, offering investors a highly tradeable and scalable options market with improved products and increased risk management.

Lily Pham

CEO

Lily Pham started her career in the crypto business with a Singapore start-up specializing in cryptocurrency and internet marketing at a time when crypto was still in its infancy. She then transitioned from crypto to Meta, where she offered payment assistance and protected consumers and companies from financial fraud on Facebook throughout the world. Lily is currently focusing all of her attention and effort on creating an impact in the cryptocurrency ecosystem with DBOE. She is responsible for overseeing and supervising DBOE’s expansion in Vietnam and Southeast Asia.

Lily has committed to working full-time with DBOE to build a secure and healthy crypto ecosystem, offering investors a highly tradeable and scalable options market with improved products and increased risk management.

David Nguyen

CO-FOUNDER & TECH LEAD

David Nguyen is a data expert who is currently working for Aon (Centre for Innovation and Analytics). David has excellent records in the data analytic domain by achieving numerous awards organised by Aon such as Aon Stars Platinum Award or Aon Stars Silver Award.

During his spare time (if any left), he brightened up his name by leading “the only team from Singapore” who was nominated for the Global Finalist for the NASA Space App Challenge 2021.

Before Aon, David had brief stints with various banks, the most recent one was with Standard Charter Singapore as a Director of Performance Analytics.

David Nguyen

CO-FOUNDER & TECH LEAD

David Nguyen is a data expert who is currently working for Aon (Centre for Innovation and Analytics). David has excellent records in the data analytic domain by achieving numerous awards organised by Aon such as Aon Stars Platinum Award or Aon Stars Silver Award.

During his spare time (if any left), he brightened up his name by leading “the only team from Singapore” who was nominated for the Global Finalist for the NASA Space App Challenge 2021.

Before Aon, David had brief stints with various banks, the most recent one was with Standard Charter Singapore as a Director of Performance Analytics.

Binh Nguyen

HEAD OF MARKETING – VIETNAM

Binh Nguyen is a marketing expert who is running his own digital marketing firm with clients from various industries ranging from telecom to hospitality in Vietnam.

With 12 years experience, Binh had held senior positions in tech start-ups, gaming, e-commerce, hospitality and EdTech. Binh obtained a degree in Computer Sciences at the Hanoi University of Sciences and Technology (HUST).

By having a deep understanding of the local community, local social channels and network with many KOLs, Binh is committed to promote DBOE to the Vietnamese crypto-savvy community.

Binh Nguyen

HEAD OF MARKETING – VIETNAM

Binh Nguyen is a marketing expert who is running his own digital marketing firm with clients from various industries ranging from telecom to hospitality in Vietnam.

With 12 years experience, Binh had held senior positions in tech start-ups, gaming, e-commerce, hospitality and EdTech. Binh obtained a degree in Computer Sciences at the Hanoi University of Sciences and Technology (HUST).

By having a deep understanding of the local community, local social channels and network with many KOLs, Binh is committed to promote DBOE to the Vietnamese crypto-savvy community.

Kevin Wong

HEAD OF UX

Kevin has over 10 years of human-centric science-based approach to drive usability and human performance in digital solutions and workplace design in multi-billion-dollar projects, corporate settings and future innovation initiatives.

He is a chartered ergonomist and human factors specialist and registered member of CIEHF (UK), with a Masters in applied ergonomics and human factors from University of Nottingham, covering human-computer interactions and ergonomics. Kevin is adept in user experience experimental design, mixed methods, statistical analysis and user-centric design thinking.

In his early career, he has had experiences with two start-ups in product design, business case development, and currently works at a multinational energy supermajor.

Kevin Wong

HEAD OF UX

Kevin has over 10 years of human-centric science-based approach to drive usability and human performance in digital solutions and workplace design in multi-billion-dollar projects, corporate settings and future innovation initiatives.

He is a chartered ergonomist and human factors specialist and registered member of CIEHF (UK), with a Masters in applied ergonomics and human factors from University of Nottingham, covering human-computer interactions and ergonomics. Kevin is adept in user experience experimental design, mixed methods, statistical analysis and user-centric design thinking.

In his early career, he has had experiences with two start-ups in product design, business case development, and currently works at a multinational energy supermajor.

QuantVu86

FOUNDER

QuantVu86 started his professional career by building his own startup venture back in 2009. After liquidating the startup, he moved on and joined finance industry. since then, QuantVu86 has been wearing different hats such as technology for an Investment Bank, quantitative trader for a Hedge Fund or Business Developer for a global financial institution in Asian.

QuantVu86

FOUNDER

QuantVu86 started his professional career by building his own startup venture back in 2009. After liquidating the startup, he moved on and joined finance industry. since then, QuantVu86 has been wearing different hats such as technology for an Investment Bank, quantitative trader for a Hedge Fund or Business Developer for a global financial institution in Asian.

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