Yield that you control.

Use your assets to earn the best yield in DeFi with self custody. Sell covered calls and puts when you want; finer control over ETFs.

Up front yield, capped risk.

Get yield paid up front in exchange for reduced volatility. Risk and execution is chosen by you, not through front-run predictable strategies. Close your position at your determination, no lockups.

6–90%

APR for most assets

Oracle Free

No oracle needed, exercises are physically settled instantly

Tokenized

All option positions, long and short, are ERC20

Best Rates

Deep liquidity and top makers offer the best yield

Current Offerings

WETH
Wrapped Ether
Ethereum
Covered Call
WBTC
Wrapped Bitcoin
BitGo
Covered Call
wstETH
Wrapped Staked Ether
Lido
Covered Call
XAU₮
Tether Gold
Tether
Covered Call
USDT
Tether USD
Tether
Cash Secured Put
USDC
USD Coin
Circle
Cash Secured Put
The OTC desk

Onchain OTC Option

Any strike, expiration, underlying as an OTC offering, executed onchain with margin to derisk your portfolio. Fully transparent counterparty balances with margin lockups.