Options
Explore decentralised options trading: profit from price movements without owning the underlying asset.
3 days at the top this week: $SNX is dominating the category
Up 8 places this week, $RBN is gaining ground
$VEGA +3 places this week
$SNX climbed into the category leaders this week
Weakest this week: $PSY bottomed out at a 8 gem score
$SNX hit a gem score of 66 this week
6 tokens rose and 14 fell this week
Up 6 places this month, $AUC is gaining ground
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Synthetix Network Token (PoS)SNX | $0.2077 | 2.0% | -2.0% | 1.9% | $119.60M | $175.92 | 65.69 | Perps+1 | 18,011 | 0.5526 | – |
Jones DAOJONES | $0.0412 | 5.3% | -57.3% | -60.0% | $240,386 | $1,027 | 60.82 | Yield+1 | 265,382 | 0.1971 | – |
Thetanuts FinanceNUTS | $0.001026 | -0.1% | 0.8% | -9.1% | $3.24M | $1,679 | 58.66 | Utility+1 | 1,693 | 0.374 | – |
SOFA.orgRCH | $0.1581 | 5.1% | 4.3% | 35.5% | $4.35M | $628.23 | 58.11 | 2,611 | 0.1598 | 32.25 | |
TRADOORTRADOOR | $0.6193 | -1.1% | -0.9% | 2.7% | $8.90M | $1.26M | 54.9 | Perps+1 | 105,867 | 0.1704 | – |
RibbonRBN | $0.02292 | 3.4% | 0.3% | 9.7% | $1.45M | $24.7 | 54.11 | 6,549 | 0.0492 | – | |
Delta FinancialDELTA | $0.5918 | 2.3% | 1.6% | 31.9% | $0 | $0 | 51.86 | Utility+1 | 4,494 | 0.181 | 0 |
HegicHEGIC | $0.01543 | 5.8% | 3.0% | 10.1% | $15.83M | $37.04 | 51.15 | 7,502 | 0.1265 | – | |
WhiteheartWHITE | $4,468 | 7.3% | 6.5% | 39.0% | $23.94M | $0 | 50.16 | 1,007 | 0.1634 | – | |
Vega ProtocolVEGA | $0.0009893 | 0.0% | -3.5% | 26.7% | $57,507 | $0 | 49.48 | 7,098 | 0.5392 | – | |
Antimatter.Finance Governance TokenMATTER | $0.008279 | 0.0% | 1.0% | 22.4% | $826,088 | $0.08261 | 49.44 | 4,781 | 0.2771 | – | |
HegicHEGIC | $0.01543 | 5.8% | 3.0% | 10.1% | $31.99M | $0 | 48.54 | 2,111 | 0.3048 | – | |
Exotic MarketsEXO | $0.08106 | – | -14.5% | -5.1% | $73,758 | $5.548 | 45.62 | 812 | 0.2705 | – | |
SirenSI | $0.003836 | 2.8% | 5.0% | 30.6% | $255,774 | $0 | 45.6 | 2,088 | 0.3699 | – | |
GammaSwap ClassicGS | $0.003107 | 7.0% | 0.2% | -26.9% | $3.00M | $1,980 | 29.75 | 7,557 | 0.3232 | – | |
AuctusAUC | $0.0003885 | -13.1% | 4.0% | 4.4% | $15,630 | $4.491 | 28.85 | 3,506 | 0.3959 | – | |
Opium Governance TokenOPIUM | $0.011 | 8.3% | 8.3% | 8.7% | $245,731 | $15.87 | 27.4 | 2,833 | 0.2189 | – | |
BaseVolATM | $0.0003229 | 0.0% | -4.4% | 18.0% | $136,929 | $0 | 26.91 | 7,593 | 0.1981 | – | |
FinNexusFNX | $0.0001243 | – | 0.0% | – | $62,425 | $0 | 20.89 | 1,697 | 0.2869 | – | |
PsyOptionsPSY | $0.0001741 | – | – | – | $5,980 | $0.01084 | 19.12 | 912 | 0.2774 | – |
Frequently asked questions
How has Options performed recently?
The Options category has seen mixed signals over the past 7 and 30 days. Over the last 7 days, 11 tokens were down while 9 were up. Thetanuts Finance and BaseVol were notable climbers, increasing their rank by 14 and 13 positions respectively. Hegic (Arbitrum) was a significant faller, dropping 11 ranks with a score decrease of 19.3%. Jones DAO achieved the highest score of 68.3147 and led the streak for 7 days, while Thetanuts Finance registered the lowest score of 0.0. SOFA.org was a top k entrant, while Hegic (Arbitrum) exited the top k. Looking at the 30-day window, 9 tokens were down and 11 were up. Thetanuts Finance and BaseVol continued to climb, with rank increases of 13 and 12, respectively. Jones DAO also showed strong performance, climbing 7 ranks with a 94.7% score increase, and leading the streak for 10 days. Hegic (Arbitrum) and Antimatter.Finance Governance Token were significant fallers, dropping 13 and 11 ranks respectively, with score decreases of 24.0% and 19.7%. Jones DAO, GammaSwap Classic, and SOFA.org were top k entrants, while Hegic (Arbitrum), Antimatter.Finance Governance Token, and Hegic (Ethereum) exited the top k.
What are decentralised options?
Decentralised options are financial contracts executed on a blockchain, allowing traders to speculate on the future price of an underlying asset without directly owning it. They offer the right, but not the obligation, to buy or sell an asset at a predetermined price on or before a specific date.
How do decentralised options differ from traditional options?
The key difference lies in their underlying infrastructure and execution. Decentralised options operate on blockchain networks, offering transparency, censorship resistance, and often lower fees due to the absence of intermediaries. Traditional options are traded on centralised exchanges and are subject to the rules and regulations of those institutions.
What are the benefits of trading options on-chain?
Trading options on-chain offers several benefits, including enhanced transparency through public ledgers, reduced counterparty risk due to smart contract enforcement, and accessibility to a global market without geographical restrictions. Users often maintain greater control over their assets.
What are the risks associated with decentralised options?
Like all financial instruments, decentralised options carry risks. These include market volatility, smart contract vulnerabilities, liquidity risks (especially for less common options), and potential impermanent loss for liquidity providers. Understanding the underlying asset and option mechanics is crucial.
How can I get started with decentralised options trading?
To get started, you typically need a compatible cryptocurrency wallet and some crypto assets. You would then interact with a decentralised options protocol or platform, connect your wallet, and choose the options you wish to trade. It's recommended to start with small amounts and thoroughly research the platform and options contracts before committing significant capital.