RBN

Ribbon Finance price
RBN
#626

$0.3181  

5.05% (1d)

Ribbon Finance to USD Chart

Loading Data

Please wait a moment.

Ribbon Finance statistics
Market cap
$36.64M

5.06%

Volume (24h)
$219.97K

26.44%

FDV
$318.09M
Vol/Mkt Cap (24h)
0.6003%
Total supply
1B RBN
Max. supply
--
Circulating supply
115.20M RBN
RBN to USD converter
RBN
USD
Price performance
24h 
Low
$0.3165
High
$0.338
All-time high
Oct 07, 2021 (3 years ago)
$4.89
-93.49%
All-time low
May 18, 2023 (a year ago)
$0.1253
+153.94%
See historical data


Loading Data

Please wait a moment.

Ribbon Finance community

skeleton-white
 
 
 
 
 
 

Ribbon Finance Markets

All pairs

Loading data...

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure

Ribbon Finance News

  • Top
    Top
  • Latest
    Latest
CMC Daily Analysis

Ribbon Finance Token Unlocks 

 
 
 
 
 
 

About Ribbon Finance

What is Ribbon Finance?

Ribbon uses financial engineering to create structured products that deliver sustainable yield. Ribbon's first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrary structured products through combining various DeFi derivatives.

Structured products are packaged financial instruments that use a combination of derivatives to achieve some specific risk-return objective, such as betting on volatility, enhancing yields or principal protection.

Theta Vault is a new product that automates a covered call strategy to earn high yield on ETH. The vault runs a covered call strategy and sells out of the money call options on a weekly basis for yield.

The primary risk for running this strategy is that depositors could potentially give up upside in exchange for guaranteed yield. By selling a call option, users are basically promising to sell the asset at the strike price, even if it goes above it (a.k.a selling early). Because of this, if the price of the asset moves up significantly in a short period of time, it is possible for depositors to have "negative yield" on their ETH.

However, this only happens if ETH/USD appreciates significantly, so depositors will still be up in USD terms. The vault also sells call options that are very out of the money, which means there is a relatively low chance of the options getting exercised.

Security

What is Ribbon Finance?

What is the technology behind Ribbon Finance?

What are the real-world applications of Ribbon Finance?

What key events have there been for Ribbon Finance?

Who are the founders of Ribbon Finance?

 
 
 
 
 
 

Ribbon Finance analytics

Loading...

Similar Coins to Ribbon Finance