Test your knowledge of Premia Blue and crypto options!

What type of options does Premia Blue specialize in?

They automatically trade options on behalf of the user.

They are used exclusively for buying back and burning Premia tokens.

They allow users to deposit assets to automatically underwrite options contracts and earn premiums along with liquidity mining rewards.

What is the primary function of Underwriter Vaults on Premia Blue?

Spreading liquidity evenly across all price ranges.

Concentrating all liquidity at the highest price point.

Allocating liquidity within a specific, narrow price range to maximize trading fees and premiums earned.

What does the concept of concentrated liquidity in range orders on Premia refer to?

Speculate on price, hedge their bets, participate in automated strategies, and earn yield on Arbitrum's first fully-fledged options exchange.

Trade perpetual futures and provide liquidity. 

Exam: Introduction to Premia Blue