RBN

Ribbon Finance price 
RBN

$1.36  

9.18% (1d)

Ribbon Finance to USD Chart

Loading Data

Please wait a moment.

Add to watchlist
Ribbon Finance statistics
Market cap
 

9.18%

$731,429,928
#105
Volume (24h)
 

27.19%

$10,061,545
#461
Volume/Market cap (24h)
 
1.38%
Circulating supply
 
537,093,440 RBN
Total supply
 
1,000,000,000 RBN
Max. supply
 
--
Fully diluted market cap
 
$1,361,829,941
RBN to USD Converter
RBN
USD
Price performance
24h 
Low
$1.36
High
$1.46
All-time high
Oct 07, 2021 (3 years ago)
$4.89
-72.14%
All-time low
May 18, 2023 (a year ago)
$0.1253
+987.2%
See historical data
Popularity
In watchlists27,075x
1155th / 9.6K
Do you own this project? Update Token Info


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

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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

 
 
 
 
 
 
 
 
 
 

Ribbon Finance analytics

Loading...