Stories by Grix on Medium

Grix Token Update: New Deployment on Ethereum Mainnet and Migration of Solana Token address

Grix — Mon, 10 Feb 2025 15:41:14 GMT

This article provides an update on the $GRIX token and its recent developments.

TLDR:

The $GRIX token, previously deployed on Solana, has been deployed also on Ethereum Mainnet. Ethereum will serve as the token ‘home chain’.
We are bridging $GRIX tokens from ETH Mainnet to Arbitrum and providing initial liquidity on Camelot DEX to facilitate trading on Arbitrum ecosystem.
The existing Solana $GRIX tokens will be replaced with a new address that works with the Wormhole bridge, and a new liquidity pool will be created on Raydium to support trading. Funds from the current Raydium pool will be transferred to the new Solana pool address and updated $GRIX tokens will be airdropped to existing GRIX holders.

Reasons for the New Deployment on Ethereum

Strengthening Our Ecosystem

Ethereum as the Main DeFi Hub: Deploying the Grix token on Ethereum positions us within the leading DeFi ecosystem, which is essential for our growth and visibility.
Enhanced User Experience: The Ethereum platform offers a robust infrastructure that allows for seamless interactions and integrations with various DeFi protocols.

Security and Stability

Locked Tokens for Security: The migration of the Solana $GRIX tokens to a new address will ensure that we maintain a secure and stable environment for our users.
Risk Mitigation: By consolidating our efforts on Ethereum, we can better manage risks associated with cross-chain operations. Instead of keeping a lot of locked tokens on Solana and bridging them to Ethereum, we will only lock the necessary amount on Ethereum to bridge to other chains.

Supporting All Ecosystems

Diverse Participation: While we are deploying on Ethereum, we recognize the value of the Solana ecosystem. This migration allows us to maintain liquidity on Solana for users who wish to engage with the Grix ecosystem there.
Future Growth Opportunities: By having a presence on both Ethereum and Solana, we are well-positioned for future collaborations and expansions across different blockchain ecosystems.

Solana old $GRIX token holders airdrop

1:1 Airdrop for current Solana $GRIX Holders: As part of this transition, existing token holders on Solana will receive an airdrop on a 1:1 basis. No holder will experience any loss. A snapshot has already been taken, and tokens will be airdropped to all holders with more than 5 tokens (currently valued at $0.20) in their wallet.
Liquidity Pool Seeding on Solana: The new liquidity pool will be seeded by the Grix Foundation on both Raydium for Solana and Camelot for Arbitrum, ensuring sufficient liquidity for trading on both platforms. Old token liquidity pool will be drained.

Initial Liquidity on Arbitrum

Liquidity Seeding on Arbitrum: The Grix Foundation will seed initial liquidity on Camelot DEX, providing a robust trading environment for users.
Liquidity Lock for Security: All liquidity will be locked by the Grix Foundation to ensure security and stability, fostering trust within the community.

Contract Addresses

Ethereum Contract Address: 0xa150376112dd24E873086b51347EddD5F2e147D5
Arbitrum Contract Address: 0x812F2D5Ff6088ed7A655567dBcDf0d42cf07ca38
New Solana Contract Address: E8iWdPoeVDHJn1EHifeCAFWvKZyTN9WXrmccFEx1Hxa

All contract addresses and wallet signers will be publicly available in the Grix documentation.

Feedback and Support

Open Communication: If you feel negatively affected, have not received your airdrop tokens, or would like to provide general feedback, please use this form:
https://docs.google.com/forms/d/e/1FAIpQLSdn0VaBXuosqB6Q4ZFGIbBXC6Emuhvw9JelUtJpS2DxPlGXOQ/viewform?usp=dialog

Community Engagement: We value your input and are committed to addressing any concerns you may have.

$GRIX Token is Now Live!

Grix — Mon, 20 Jan 2025 13:26:22 GMT

Today marks a monumental step for the Grix ecosystem: the launch of the GRIX token. As the backbone of Grix, $GRIX will drive governance and utility, ensuring a seamless experience for users as we shape the future of decentralized derivatives trading.

Where to Trade $GRIX

$GRIX is now live and available for trading on Solana. The Grix Foundation has seeded the initial liquidity pools on Raydium.

DexScreener:
Raydium:

$GRIX overview:

Token Name: Grix
Token Symbol: GRIX
Total Supply: 1,000,000,000
Contract: Ajwoz7CyVX3HFpJSZBWaYzdQdU3pUefjYCuuz3FTLiHb
Chain: Solana

The token is deployed on Solana and will be bridged to Ethereum Mainnet and leading Layer 2 networks in the coming days.

The Road Ahead

The launch of $GRIX is just the beginning. Here’s what to expect next:

Bridging: Ethereum Mainnet and leading L2 integrations, scheduled for the next few days.
Liquidity Pools: Initial pools on EVM chains, starting with Arbitrum and Base.
Staking: Staking for $GRIX will go live in the coming weeks on the Grix UI.
Initial incentive programs: Aimed at encouraging liquidity provision and promoting product usage.

Stay Connected

To keep up with the latest updates, follow Grix on our official channels:

$GRIX Token Launch

Grix — Sat, 18 Jan 2025 13:39:59 GMT

Today we’re excited to announce the launch of the GRIX token, the backbone of the Grix ecosystem. Grix is building the future of decentralized derivatives trading, and $GRIX will play a crucial role in both governance and utility.

In this article, we’ll explore $GRIX tokenomics, token distribution, and the exciting roadmap ahead for the Grix protocol.

But first, let’s recap:

The Road so far

Grix began as the first DeFi options aggregator over a year ago and has been steadily building and innovating ever since.

Partnerships

Grix has partnered with nearly all major DeFi options protocols in the crypto space, establishing itself as a key player in the ecosystem.

Data Integration

Grix has integrated almost all open interest from the DeFi options market into its database, Argus, creating a single API that allows users to access the entire DeFi options market order book.

Trading Integrations

Recently, Grix launched a closed alpha version of its trading integrations with Moby and Premia, which have already facilitated over $10M USD in trading volume in just a few weeks.

Introducing CALYPSO

With the rise of DeFAI, Grix expanded its core value — DeFi derivatives integrations — to a new audience: AI Agents. We recently introduced CALYPSO, a framework by Grix, that will enable a integrations of AI Agents with DeFi derivatives protocols.

All of Grix’s moving pieces are gradually coming together as we work toward building a unified platform that connects all DeFi derivatives protocols with their users (both human and agents).

It’s been a long and rewarding journey for Grix so far, but we’re just getting started.

Introducing $GRIX

GRIX token serves as the utility token that fuels the Grix ecosystem, aligning incentives to boost protocol growth.

$GRIX overview:

Token Name: Grix
Token Symbol: GRIX
Total Supply: 1,000,000,000 GRIX
Contract: Ajwoz7CyVX3HFpJSZBWaYzdQdU3pUefjYCuuz3FTLiHb
Chain: Solana

veGRIX — Voting Escrowed GRIX

veGRIX token serves as the governance access token within the Grix protocol, enabling holders to actively participate in Grix’s future decentralized governance. It is obtained by staking native GRIX tokens with a 1:1 conversion ratio.

veGRIX Value Accrual

veGRIX holders benefit from three primary mechanisms:

Trading Fees: A percentage of trading fees is distributed to veGRIX holders.
esGRIX Rewards: Holders earn esGRIX tokens as rewards for their participation.
Market Voting: Holders can vote to boost esGRIX incentives for specific markets.

esGRIX — Escrowed GRIX

esGRIX is an additional reward token that is distributed to both veGRIX holders (via the staking module) and platform users (via the voting reward module). It serves as an incentive to encourage active participation and drive protocol growth. esGRIX can be vested to be turned into GRIX tokens.

Staking for $GRIX will be available directly through the Grix UI and is set to go live in the coming weeks.

The staking contracts will be deployed on EVM-compatible chains.

The initial liquidity pools will be launched on Solana (via a wormhole token), followed by Arbitrum and Base.

Token Distribution

The total supply for GRIX tokens is 1,000,000,000 tokens with the following breakdown of supply:

Grix Foundation (18%) — Reserved for the Grix Treasury, to be used for development, marketing, partnerships, and operational costs.
Incentives (36%) — Allocated for ecosystem incentives such as staking rewards, partnerships, and liquidity mining.
Core Team (24%) — Allocated to current and future core team members to align incentives and ensure long-term commitment.
Advisors (8%) — Reserved for current and future advisors to the protocol.
Investors (4.7%) — Allocated to private investors from previous rounds (Seed and Private rounds).
KOLs (0.1%) — Allocated to KOLs who participated in the KOL round.
Liquidity (2.5%) — Used to seed initial liquidity across various pools.
Reserve (6.7%) — Reserved by the Grix Foundation for future allocation decisions.

Emissions Schedule

Vesting Schedule

Core Team: 6 month cliff, 30 months linear vesting after.
Advisors: 6 month cliff, 30 months linear vesting after.
Investors: 6 month cliff, 24 months linear vesting after.
KOLs: 2 months cliff, no vesting.

What’s Next

TGE — January 20th — details will be posted on Grix social channels
Integrations and developments will be updated through Grix github
To ensure the safety and robustness of GRIX token, the various token utility modules (including Staking) will be deployed post TGE, after more testing.

Stay connected:

Presenting Grix Points: Delivering DeFi Options to On-Chain Traders

Grix — Wed, 11 Dec 2024 20:46:05 GMT

The crypto options market stands at a pivotal moment of growth and opportunity. While DeFi options protocols processed $1.94 billion in notional volume during November 2024, centralized crypto platforms like Deribit handled approximately $48.5 billion in the same month. The traditional options market dwarfs both, with CME Group’s monthly notional volume exceeding $1 trillion. This stark contrast — from $1.94B in DeFi to $48.5B in centralized crypto to over $1T in traditional finance — highlights the massive untapped potential for on-chain options trading.

Short Evolution of DeFi and Options Trading

The DeFi landscape has evolved dramatically over the past few years, moving from simple token swaps to sophisticated financial instruments. However, one crucial traditional finance tool has remained largely inaccessible to DeFi users: options trading. While the traditional options market represents over $300 trillion in notional value, the crypto options market is just beginning to scratch the surface of its potential.

Options trading in DeFi faces several challenges: fragmented liquidity, complex user interfaces, and a steep learning curve.

This is where Grix steps in — an intent based aggregation protocol that is built to make decentralized options trading accessible, efficient, and user-friendly through its innovative liquidity aggregation and optimization layer.

Why DeFi Options Need Grix

Grix revolutionizes decentralized options trading by:

Aggregating liquidity from multiple sources to ensure best premium pricing
Optimizing options trades through advanced routing algorithms
Simplifying the user experience for both beginners and experienced traders
Providing transparent and efficient price discovery

Understanding Intent-Based Aggregation

Grix’s intent-based aggregation is revolutionary in its approach to options trading. Rather than forcing users to choose specific venues or routes, users simply express their trading intention — “I want to buy ETH calls with these parameters.” The protocol then:

Scans multiple liquidity sources simultaneously
Compares premiums and conditions across venues
Optimizes the execution path for best pricing
Executes the trade through the most efficient route

How This Benefits Traders

Consider this example:
A trader wants to buy 10 ETH call options. Without Grix, they would need to:

Check multiple protocols manually
Compare premiums across platforms
Execute trades separately if splitting is optimal
Handle multiple transactions and interfaces

With Grix, they simply:

Input their desired options parameters
Let the protocol find the best combination of liquidity sources
Execute in one transaction with the best possible premium

Introducing Grix Points

We’re excited to announce the Grix Points system — a carefully designed program that goes beyond simple rewards. It’s a strategic initiative to:

Encourage users to explore and understand options trading
Build a knowledgeable and engaged Grix community
Reward early adopters who help shape the protocol’s future

Getting Started

Starting your journey with Grix Points is straightforward:

Head to https://app.grix.finance/points and connect your wallet
Start trading options to earn Grix points
Track your progress and milestone achievements
Refer other traders to boost your bonuses

How Grix Points Work

The points system is designed to reward meaningful participation:

Trading Volume Points

Points are earned based on the notional volume traded
Larger trades earn proportionally more points
All options trading activities count — Call/Put, starting with any ERC20 token, opening and settling positions

Milestone Achievements

Special bonus points are awarded for reaching trading milestones
Rewards users for their growing expertise in options trading

Referral Program

Users can earn additional points by introducing new traders to the platform
For every milestone achieved by referred trader, the referring user receives bonus points as well

The Value Proposition

Unlike traditional points systems that simply reward transaction volume, Grix Points serve multiple purposes:

Educational Journey

Users are incentivized to learn about options trading
Points accumulation aligns with growing trading expertise
Community building for both options novices and pros

Protocol Development

Early users help test and improve the platform and the solving algorithms
Feedback from points holders shapes future development
Creates a symbiotic relationship between users and protocol

Community Benefits

Creating a network of knowledgeable options traders
Encouraging experienced traders to mentor newcomers
Building a feedback loop between users and protocol development
Rewarding active participation and protocol improvement suggestions

Looking Ahead: The Future of DeFi Options

The Grix Points system represents more than just a rewards program — it’s a bridge helping DeFi users transition into the sophisticated world of options trading. As the DeFi options market matures, early participants in the Grix ecosystem will be at the forefront of this evolution.

We believe that by combining innovative technology with the right incentives, we can make options trading accessible to the broader DeFi community while maintaining the sophistication that makes options such powerful financial instruments.

Join us in shaping the future of decentralized options trading. Visit app.grix.finance to start your journey with Grix Points today.

This article is part of our ongoing series about Grix’s development and community initiatives. Stay tuned for more updates about our protocol and ecosystem.

Grix Closed Alpha Launch & Latest Updates

Grix — Thu, 10 Oct 2024 13:36:59 GMT

As we dive into Q4 of 2024, and with the launch of Grix closed-alpha, it’s time to provide a general update on the state of the DeFi options market, the latest trends shaping the landscape, and an overview of where Grix stands. This article will also inform you on how to join our closed alpha stage, where you can witness firsthand the potential that Grix brings to the table.

The DeFi Options Market

Over the past three months, the DeFi options market has seen impressive growth. According to ‘DeFi Llama’, the average monthly notional volume is about $1 billion USD, a 10x increase compared to the same timeframe last year.

Currently, there are approximately 30 options protocols either live or preparing to launch. However, the market remains fragmented. Protocols are dispersed across various chains, with some spanning multiple, leading to a complex landscape. To better understand this fragmentation, we encourage you to explore Grix’s DeFi Options Ecosystem Map, which provides an insightful visual breakdown:

DeFi Options ecosystem map 2024

New Trends in DeFi Options

Several new trends are reshaping the market lately:

0DTE Options: Many protocols are deploying options with zero days to expiration (0DTE) or integrating them into current offerings. The appeal of 0DTE options lies in their ability to permit high leverage with no liquidation risk (better for traders) and their higher trade velocity, allowing for more frequent trading due to shorter expiration times (better for the protocols). That’s a win-win situation for short term crypto traders.

Deployment on New Chains: Both established and new protocols are deploying on or starting from new chains. For instance, IVX is rolling out on Berachain, while Scholes is launching on Base. This continual expansion into new chains adds to market fragmentation.

Deployment on New Chains: Both established and new protocols are deploying on or starting from new chains. For instance, ‘IVX’ is rolling out on Berachain, while ‘Scholes’ is launching initially on Base. This continual expansion into new chains adds to market fragmentation.

EVM Rollups by Protocols: Major players like Aevo and Lyra (now known as Derive) have initiated their own EVM rollups, and despite this, they haven’t seen a decline in trading volumes.

The future of the DeFi Options market

Despite the fragmentation, the DeFi options market is maturing and is increasingly positioned to support larger position sizes. However, the distribution of liquidity remains scattered across multiple protocols.

Enter Grix, the missing link... By abstracting away the complexities associated with navigating multiple chains and applications, Grix is designed to provide a single API / UI for managing options positions. This will allow users to engage with the growing DeFi options market more effectively, cultivating an environment where trading can flourish without the hurdles of current fragmentation.

What’s new with Grix

The long-term vision for Grix is to build the infrastructure that will power the DeFi options market. The current DeFi options landscape is fragmented, with numerous protocols and platforms working in silos. However, there is immense potential here, and with the right approach, Grix can create a more cohesive ecosystem.

To realize this vision, Grix has laid out a straightforward 3 stage roadmap:

Stage 1: Data Layer
Grix is in the final stages of developing its data layer, essential for gathering and sharing real-time market data through the Grix API. This layer also serves as the backbone for the trading services built on top of Grix.

Stage 2: Execution Layer
With the execution layer, users can transact with other options protocols via Grix. Grix’s closed alpha, initially deployed on Arbitrum, is the first stage implementing this functionality.

Stage 3: Unified Cross-Chain Liquidity Layer
Ultimately, Grix’s goal is to create a unified liquidity layer that simplifies trading across multiple platforms and chains, and essentially powers the trading in the DeFi options market. The goal is to provide a single platform for users to interact with DeFi options across all protocols and chains.

Partnerships

Grix has been actively forming strategic partnerships to enhance its capabilities. By collaborating with various projects in the DeFi space, Grix is integrating additional functionalities and expanding its reach. Currently, Grix has established partnerships with nearly all options protocols in the market, which are integrating with Grix one protocol at a time, making Grix the largest and most comprehensive source for accurate options data in the DeFi options market.

Data Integrations

Grix’s integration efforts begin with data, as it currently aggregates prices and options data from some of the largest DeFi options protocols, representing over 80% of the market’s open interest.

Execution integrations & Audit

Grix has also moved into transaction (execution) integrations, enabling trading with two protocols in pre-alpha mode (Moby and Premia).

For a comprehensive and updated view of Grix integrations status, visit here.

Grix V.0 Audit

Grix is currently undergoing audits for the initial contract conducted by the trusted team at Sayfer. The audit is expected to be completed within the next few days.

Comprehensive Options Data API

Grix is committed to simplifying DeFi options trading by aggregating data from diverse sources. Its API grants access to a complete view of the DeFi options order book, catering to both traders seeking extensive data points and developers looking to innovate. This aggregation helps clarify the current fragmented landscape, allowing users to navigate it more effectively. The initial version of Grix API is live, visit this link to get your API key and start using the Grix API

Grix Closed-Alpha dApp is live

Early testers are actively providing feedback on the UX/UI. The challenges of displaying aggregated data and executing trades are being addressed as Grix refines its platform.
If you want to join the first batch of Grix testers and provide your feedback, please follow the instructions in this form.

Grix closed-alpha trading view

Live Market Quotes

Grix UI also offers live market quotes from all options protocols, aggregated through Grix’s data engine, Argus. Users can access these quotes in two formats: a simple view for quick insights or an option-chain view for a more detailed analysis.

Grix realtime market quotes — Options-Chain view

Introducing the Grix Points System

To promote engagement and loyalty within the community, Grix is rolling out the Grix points system. Using Fuul’s white label solution, Grix is aiming to incentivize active participation, helping Grix continually improve its platform. Points are rewarded based on volume traded in the platform. For detailed information on the Grix points system, visit the Grix points hub.

As Grix continues to build, it believes that its efforts will contribute to a more integrated and efficient DeFi options market. The landscape may be fragmented now, but with initiatives like Grix’s, the future is bright. Join Grix on this journey as it strives to make trading options simpler and more accessible for everyone.

About Grix

Grix is a DeFi options aggregator that is purposefully designed to cater to the growing DeFi Options market. By aggregating multiple DeFi options protocols, Grix allows users to secure the best prices, thereby facilitating a superior trading experience. With a commitment to simplicity, transparency, and efficiency, Grix’s mission is to help onboard the next wave of sophisticated DeFi users.

For those keen on taking their understanding of options and their pricing to the next level, Grix offers a blend of insights, tools, and community engagement that’s unparalleled. Grix isn’t just a platform — it’s a comprehensive ecosystem designed for the modern trader. Whether you’re looking to better understand the mathematical nuances behind pricing models, stay updated with the latest market trends, or connect with like-minded professionals, Grix is the place to be. Dive in and let Grix be your compass in the ever-complex world of options trading.

You can connect with Grix through the Website, follow the latest updates on Twitter, and join the community on the Discord channel. To get an early taste of what Grix has to offer, sign up for the Alpha waitlist on the Grix website and become a valued early member. By becoming part of Grix’s vibrant community, you are not just observing the future of DeFi options, but actively shaping it.

Disclaimer

The content provided in this article is intended for informational purposes only. It should not be taken as financial, investment, or any other kind of advice. Investing in cryptocurrencies and other DeFi products involves risk. you should only invest money that you are prepared to lose. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Useful links: Grix App | X | Docs

Zomma Price Feeds Now Live: Smarter, More Precise Trading with Grix

Grix — Fri, 23 Aug 2024 17:50:32 GMT

At Grix, we are committed to elevating the options trading experience for our users. That’s why we’re thrilled to announce the integration of Zomma’s advanced price feeds into the Grix platform.

This new addition will provide our traders with real-time, reliable data, helping them make smarter and more informed decisions.

Zomma is the only DeFi options protocol deployed on zkSync, offering BTC and ETH vanilla options. Whether you’re a trader or a hedger, Zomma is your go-to platform for reliable, secure options trading.

Strengthening the Grix Ecosystem

By integrating Zomma, we’re continuing to build a robust and comprehensive option trading ecosystem. This move enhances the accuracy and reliability Grix, supporting traders at every level — from beginners to experienced pros.

About Zomma Protocol

ZOMMA aims to be the underlying fuel for all on-chain financial products, focusing to contribute to the DeFi world by building an array of innovative and diversified products, that include staking, yield mining, buy & sell European style options, settlements and minimal collateral to achieve a win-win for all our ecosystem participants.

About Grix

Grix is a DeFi options aggregator purposefully designed to cater to the growing DeFi Options market. By aggregating multiple DeFi options protocols, Grix allows users to secure the best prices, thereby facilitating a superior trading experience. With a commitment to simplicity, transparency, and efficiency, Grix’s mission is to help onboard the next wave of sophisticated DeFi users.

Grix links: Website | Discord | X | Docs

Grix Integrates Lyra’s L2 Ecosystem for Superior Options Trading

Grix — Fri, 02 Aug 2024 16:36:12 GMT

We’re thrilled to announce that Grix now supports Lyra as part of the Grix Data layer integrations.

Lyra has recently upgraded to an L2, after establishing a dominant presence in the Optimism and Arbitrum DeFi options ecosystems.

Lyra’s new platform provides an orderbook user experience for option traders and is also offering vaults for automating options selling strategies.

Grix has integrated with Lyra’s options order book, providing our users with both ETH and BTC options.

More layers of integration will be coming in the next couple of months as we move through the Grix roadmap and closed alpha.

About Lyra

Lyra is the derivatives infrastructure of Web3. They offer a decentralized high-performance crypto trading platform for options, perpetuals, and spot trading, providing advanced trading features only found in traditional finance, including cross-asset collateral & portfolio margin for flexible risk management and best capital efficiency.

About Grix

Grix links: Website | Discord | X | Docs

Grix Integrates Ithaca’s Vanilla ETH Options to Grix’s Ecosystem

Grix — Wed, 12 Jun 2024 10:43:39 GMT

We are happy to announce that Ithaca is now part of the Grix ecosystem for traders looking to trade ETH vanilla options.

Ithaca is a new and innovative on-chain derivative protocol, supported by leading market-making firms.

Ithaca enables complex derivatives trading with a margin engine designed for capital efficiency. Grix is integrating with Ithaca’s ETH Vanilla options and is working on delivering executable trading transactions soon.

Additionally, Grix aims to integrate Ithaca’s position builder to efficiently open advanced trading positions.

About Ithaca

Ithaca is a non-custodial, composable option, option strategies, and structured products protocol on Arbitrum Mainnet (Open Alpha) underpinned by a provably optimal, auction-based matching engine as a test for launching on an EVM-compatible Bitcoin L2s to bring about truly complete Bitcoin based risk sharing infrastructure. Matching at the building block level allows for seamless launch of any strategy that can be statically replicated as a new product feeding into the same liquidity pool. Both the digital option building blocks and most strategies are being presented for the first time in DeFi ( and in CeFi / TradFi as a unified interface and liquidity pool ).

Website: www.ithacaprotocol.io
Twitter: https://twitter.com/IthacaProtocol

About Grix

Grix links: Website | Discord | X | Docs

Grix Integrates Moby for Competitive DeFi Vainilla Options

Grix — Fri, 07 Jun 2024 17:09:49 GMT

We are happy to announce that we just integrated Moby into the Grix platform for competitive vanilla options.

Moby is a fresh and exciting options protocol that is built and backed by Arbitrum. Their precise pricing model makes them highly competitive for DeFi vanilla options.

We integrated both their BTC and ETH options prices with more deeper integrations coming out soon.

With Grix, you can get access to the best options from one single UI making your price discovery much easier.

About Grix

Grix links: Website | Discord | X | Docs

About Moby

• More than 1,000x leverage without liquidation for traders
• Accurate options price based on real-time IV and Futures data
• Dynamic risk premium based on LPs’ real-time Greeks risk to provide narrow spread
• Tokenized options positions to integrate with other DeFi, RWA and structured products
• TradFi style infra (Prime Brokerage, Clearing House) to boost capital efficiency
• Moby is the first-ever options protocol to receive the Arbitrum Foundation Grant prior to mainnet launch.

Grix Integrates Stryke for Better Price Discovery on Zero-Day Options

Grix — Mon, 03 Jun 2024 12:30:36 GMT

We are happy to announce that we just integrated Stryke Zero-day options into Grix, allowing users to have more options to compare between shorter-term options.

Stryke is currently live on Arbitrum and their CLAMM model is designed to make trading onchain options intuitive and effortless.

Zero-day options or 0DTE allow traders to get into shorter-term speculation while hedging with lower cost but higher leverage.

With Grix, you can find the best deal for most of the leading protocols from one UI, no need to open 10 tabs.

Our newest integration with Stryke provides you with a new source of trading data, with many more to come.

Eventually, you will be able to directly perform transactions from Grix.

About Stryke

Stryke builds on the innovative foundation laid by Dopex, focusing purely on enhancing options trading and liquidity provision in the DeFi space. With tools like CLAMM, it makes trading onchain options intuitive and effortless. The platform’s design facilitates easy cross-chain options trading, aiming to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner.

About Grix

Grix links: Website | Discord | X | Docs