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

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