Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Why options? Option market is huge everywhere; never a ‘demand for options‘ challenge, always ‘liquidity’; Ithaca solved this.
'It is easy to build a perp product when you have an option market. It is very hard to build an option market when you just got perps.
Current Rankings
Ithaca already ranks consistently between #1 and #4 option protocols* in terms of volumes and premia on DefiLlama, having been live for a few months and liquidity ramping up.
Ithaca will be the 'Uniswap of Options'
Similar to how a protocol would seed an AMM pool to generate liquidity on spot trading of their token, Ithaca has built innovative modular infrastructure that allows for instant spin up of complete liquid option / option strategy / structured product markets on any underlying.
Market Traction
Ithaca is already showing traction with knowledgeable power users that can access these markets for the first time (not only in DeFi, but also in CeFi and TradFi).
Product Offerings
Fully composable linear combinations of vanillas and digitals
Collateral Optimization
Innovative margin lending (launching soon)
Ithaca has put together infrastructure that encompasses as special cases all vault and structured product offerings. A listing will create the hype for every user that has tried inferior products to access a superior offering.
Ithaca Option Bot Telegram App (First self contained telegram native option bot; opening up options to 1bln TG users; TG mini-app game coming soon)
While the Ithaca Matching Engine frequent batch auction framework levels the playing field for users protecting from high frequency traders and MEV extractors.
Team
Most experienced trading and BD team in the market across go to market verticals; professionals; institutional, traditional retail, Degens; principals have traded for decades in Tradfi option markets and ran a successful crypto vol proprietary trading business.
Market Making Infrastructure
Alongside the organic liquidity generation inherent in the building block decomposition methodology, a supporting vol market-making infrastructure is getting launched.
Airdrop
A liquidity-supportive point system has supported strong community growth since the emergence from stealth.
Funding
Pre-seed round 1 year ago led by Cumberland and Wintermute.
Popular Tokens on the BNB Smart Chain (BEP20) Chain
The live Ithaca Protocol price today is $0.037716 USD with a 24-hour trading volume of $664,976 USD. We update our ITHACA to USD price in real-time. Ithaca Protocol is up 8.50% in the last 24 hours. The current CoinMarketCap ranking is #3283, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 ITHACA coins.