delta.theta Price (DLTA)

delta.theta is a peer-to-peer option trading platform currently operating on Binance Smart Chain, Polygon and Ethereum. In simplest terms, it is a protocol that enables CEX liquidity on options to be available on-chain. delta.theta enables a decentralized network of real-time order book market makers to hedge DEX options against CEX order books.

DeFi farmers, on the other hand, get access to the lowest premium on price crash insurance.

I. Problems Solved

A. Protection for DeFi Farmers As DeFi TVL grows, the need for price insurance becomes greater. Such solutions are primarily offered in the form of options. However, on-chain solutions for options charge substantial premiums, are limited to Ethereum, and fail have sufficient liquidity. Delta.theta uses the highly liquid options markets across all major CEX (Binance, Deribit, and OKEx) and funnels that liquidity on-chain.

The lite version provides protection against price loss to farmers beyond Ethereum.

B. DeFi for Expert Traders DeFi largely revolves around spot trading. Protocols like Aave and Compound provide simple margin options too. The average trade on most CEX, though, is over 20x leverage. Options can provide (a) extreme leverage, (b) hedging, and (c) strategic trading.

For now, any DeFi trader would have to opt for a CEX to properly participate in options. Delta.theta resolves this problem with a rapid fulfillment terminal on BSC, Ethereum and Polygon