DeOrderBook: DeFi's Answer to TradFi's VIX


Crypto markets are notorious for their extreme volatility, which can be both a blessing and a curse for investors. While some ride the waves of price fluctuations to make impressive gains, others shy away from the inherent risks, choosing to HODL and forgo potential profits.

But what if there was a way to not only survive the waves of crypto volatility: but ride them like a pro?

Overcome anything the crazy markets throw at you.
Overcome anything the crazy markets throw at you.

This is where DeOrderBook comes in, offering a solution that allows users to harness the power of volatility in a manner similar to the CBOE Volatility Index (VIX) in traditional finance.

VIX: Taming the Fear Gauge

The Chicago Board Options Exchange's CBOE Volatility Index, known as the VIX, is a key indicator for market participants in traditional finance. It measures the expected volatility of the S&P 500 index over the next 30 days. Investors use VIX-linked instruments for various purposes, such as hedging, diversifying, and speculating on market volatility.

The VIX: Your go-to barometer for market fear and turbulence.
The VIX: Your go-to barometer for market fear and turbulence.

For example, consider an investor with a short position on an S&P 500 stock. They believe the stock price will decline in the long term but are concerned about short-term market fluctuations. By opening a VIX-linked position, they can hedge against this short-term volatility, creating a more balanced risk profile.

DeOrderBook: The VIX for DeFi

DeOrderBook brings a similar approach to the world of cryptocurrency, providing a platform for users to capitalize on market volatility while managing their risk. It can be tempting to just sit and HODL on your crypto bags in times of market instability. Almost 25% of the total $BTC supply has sat inactive in wallets for at least five years .

How it can sometimes feel to be a crypto investor 💀
How it can sometimes feel to be a crypto investor 💀

But having a bunch of assets sitting unused in a wallet means a lot of wasted opportunities for greater gains. That’s where DeOrderBook comes in.

DeFi's first truly trustless optionality protocol!
DeFi's first truly trustless optionality protocol!

At its launch on Ethereum, DeOrderBook focuses on Bitcoin prices, supporting $WBTC and $USDC. By placing decentralized limit orders (DeOrders) on the platform, users can balance their long or short positions in Bitcoin.

While traditional finance often restricts advanced trading strategies to sophisticated investors, DeOrderBook offers a fully non-custodial platform with on-chain settlement and a user-friendly interface, making these strategies accessible to all.

Harnessing Volatility for Profit

DeOrderBook allows users to choose from a range of strike prices and expiry dates, determined through rigorous analysis by experienced quant traders. This enables users to construct a minimal-risk trading strategy without requiring advanced mathematical modeling or statistical knowledge.

Once users place a DeOrder, they immediately start earning rewards in the form of $DOB, the platform's native governance token. These rewards are continuously streamed until the DeOrder's maturity date, regardless of whether the limit order ends up in the money or not. DeOrderBook also provides a mechanism for early unwinding of DeOrders, ensuring users can maintain optimal capital flexibility.

Unlocking Further Rewards

$DOB rewards can be locked back onto the platform, allowing eligible users to earn additional rewards in the form of revenue-sharing paid out partially in 'hard cash' tokens (wrapped $BTC and $USDC) and partially in counterparty 'BULLET' tokens that can be used to exercise DeOrders.


DeOrderBook revolutionizes crypto trading by empowering users to harness the power of market volatility while managing their risk, much like the VIX in traditional finance.

By offering an accessible platform for advanced trading strategies, DeOrderBook empowers the average Crypto HODLer with the ability to 'trade like a sniper': with precision, accuracy, and the satisfaction of being a comfortable distance away from all the danger.

Ready. Aim. FIRE.
Ready. Aim. FIRE.

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