Onchain options
that trade like perps.

Long or short, up to 100x with no early liquidation.

Trade onArbitrumandRobinhood Chain

Sub-second
Trades fill in a tap
USDG
Pay and get paid in native USDG
Cents
Network fees cost cents
How it works

Three inputs. That is the whole trade.

On the settlement date you gain on everything past your target price. Finish the wrong side of it and you lose what you paid, never more.

  1. 01DirectionLong or short
  2. 02Leverage5x · 10x · 25x · 50x · 100x
  3. 03Term1 day · 3 days · 7 days · 30 days
Why it is different

Leverage, minus the part that wipes you out.

Same directional bet, without the machinery that closes it for you.

Funding, every hour you holdNo funding
You pay once, upfront. Nothing accrues while you hold.
A maker on the other sideNo waiting for a fill
The pool takes the other side of every trade, so nothing sits unfilled.
Your whole marginNo margin to lose
What you pay at open is the entire downside, known before you sign.
Where it fits

Between prediction markets and perps.

The leverage of a perp. The fixed outcome of a prediction market.

  • Prediction markets

    Yes or no, with the loss known upfront.

    Leverage
    None
    Payout
    Flat, however right you are
    Liquidation
    None
    Cost to hold
    None
    Exit early
    Sell your shares
  • Isometric options

    Leverage on your view, decided at expiry.

    Leverage
    5x to 100x
    Payout
    Grows with the move
    Liquidation
    None, only the settlement price counts
    Cost to hold
    Paid once, upfront
    Exit early
    No, it runs to expiry
  • Perps

    Leverage, until one wick closes you out.

    Leverage
    Up to 100x and beyond
    Payout
    Grows with the move
    Liquidation
    Any wick past your margin
    Cost to hold
    Funding while open
    Exit early
    Any time
Markets

Supporting all financial assets.

Crypto, equities, commodities. The same three inputs and the same capped risk on anything that has a price.

Crypto
  • Bitcoin
  • Ethereum
  • Solana
  • Arbitrum
  • XRP
  • Dogecoin
Stocks
  • NVIDIA
  • Meta
  • Apple
  • Alphabet
  • Amazon
  • Microsoft
  • Strategy
  • SanDisk
  • SpaceX
  • Tesla
  • Netflix
Commodities
  • Gold
  • Silver
Earn

The pool takes the other side.

Every position is written against a pool rather than another trader, and what the trader pays goes to the people who funded it.

Always fills
One USDG pool per market takes the other side of every trade. No order book, nobody to find, and no trade left unfilled.
Always has an edge
Pricing adapts to live market conditions, so the pool is profitable on average rather than a coin flip.
Always earning
Liquidity providers deposit one asset and collect what traders pay. Nothing to quote, hedge or manage.

The house always wins. Our LPs are the house.

Launch app
Team

DeFi natives.

Luke BowlesLuke Bowles

Previously head of product at Liquidium. Founded Onset Carbon, an onchain carbon offsetting API. BSc Computer Science, UCT.

Dylan van HeerdenDylan van Heerden

Previously senior engineer at Liquidium. Before that, Entelect. BSc Information Technology.

We helped build Liquidium, Bitcoin-native DeFi lending: 4,500 BTC of volume across 120k+ loans.

Pick a side, a size and a date.

Join the waitlist and we will email you the moment trading opens.