👋Welcome to Yield Harbour

Overview

Yield Harbour is a decentralized options exchange that aims to make options trading accessible to anyone in the crypto space. Our mission is to simplify and democratize access to options trading by cutting through the complexity and obfuscation that has historically made this financial tool inaccessible. The platform provides a straightforward user experience for trading options without being bogged down by convoluted tokenomics or pricing mechanics.

Features

• Tokenised Options: Each epoch creates a new token, enabling maximum composability and integration with the broader DeFi ecosystem. Users can resell options into the book, fostering liquidity.

• Strike-Bound Liquidity: An innovative liquidity mechanism that ensures ample liquidity across strike prices.

• Discretized Black-Scholes Pricing: Options are priced using a discretized version of the industry-standard Black-Scholes model, providing a transparent and well-understood pricing framework, optimized for liquidity concentration.

• On-chain Price Engine: The pricing engine is deployed on-chain, ensuring decentralization and transparency.

• On-chain Historical Volatility: Historical volatility is calculated and stored on-chain, serving as a key input for option pricing.

• Open-source: The protocol's codebase is open-source, reducing the potential for competition and fostering community collaboration (in accordance with the protocol's Open Source Policy).

Quick links

💡Decentralized Options