Welcome to Premia Blue

Premia Blue is the first non-custodial options settlement layer & exchange with fully customizable options parameters and risk exposure.

From casual traders to institutional capital, the product lineup of Premia Blue caters to everyone. Here's some of the main features users can access permissionlessly on Arbitrum One:

• Fully customizable European-style options trading
• Concentrated liquidity & range orders
• Permissionless options liquidity pools for any ERC-20 with a valid price oracle
• Automated options vaults for passive yield strategies

Let's do a brief overview of the Premia Blue platform!

When buying an option, you first select which asset you want to buy — let’s say you want to buy a Call option for WBTC.

You select WBTC, the strike price, and the expiration date. Premia Blue will show you a list of quotes from all the different WBTC pools, with the best price listed first.

Concentrated liquidity and range orders are the core of Premia Blue for advanced liquidity providers.

Concentrated liquidity is a feature that allows liquidity providers (LPs) to set a specific range of premiums they want to provide liquidity for rather than providing liquidity for any price and option. This enables LPs to fully customize their risk profile!

The current average premium paid will be displayed on the interface with a little blue bar, and LPs can select the range of premiums they are willing to underwrite options for.

As an example, I could say I only want to sell ETH Calls that:

• Expire on July 5th
• With a strike price of $1,900
• For a premium between $200 and $500

After setting the range order, my liquidity won’t be used to underwrite any options where the premium is outside of that range.

This allows users to manage their risk and determine what premium is worth it for them to sell options that are more likely to expire in the money.

Strategy Vaults are automated, low-maintenance ways of extracting yield from DeFi options on Premia Blue.

• Permissionless pool creation and underwriting and selling specific options is often more valuable for advanced users and people who want to actively manage their LP positions.

• Strategy Vaults are for users that want to put their liquidity to use on the platform without having to worry about the intricacies and management of concentrated liquidity positions.

Currently, Premia Blue supports both call- and put selling vaults for ARB, WBTC, WETH, wstETH, LINK, MAGIC, and GMX. Depositing into a vault also earns users additional PREMIA call options as rewards!

Remember, each of the main features that are available on the front-end are merely pieces of the bigger picture. For a more thorough understanding of Premia Blue, check out this article!

Let's recap the key features of Premia Blue: