Learn about how Premia Uses Chainlink to Create On-Chain Options!

Learn about Chainlink in the Premia Academy!

What is Chainlink?

Welcome, Anon! In this limited-time course, you can learn about Chainlink and Premia Blue. Complete the course and pass the exam for a custom NFT badge!

💡 Chainlink Recruit

How Premia Uses Chainlink to Create On-Chain Options

What are Oracles?

Chainlink Is Much More Than Price Feeds

Importance of Price Oracles in DeFi

Learn about on-chain options pricing inside Premia Academy!

Options Pricing and Oracles

Learn about Premia Blue's model for pricing options and where Chainlink's Price Feeds come into play!

💡 Pricing Options on Premia Blue

The On-Chain Options Pricing Challenge

Chainlink for Options: Having a robust price feed for underlying assets is mandatory for accurately calculating the price of an option!

How Premia Blue Prices Options

Options Pricing on Premia Blue is accurately market-driven by a clever combination of multiple price quote sources and supply/demand dynamics!

Pricing With Options Vaults & OTC Liquidity

Premia Blue: What you get is an exchange that behaves like a central-limit order book for options, all while reaping the benefits of a sophisticated, concentrated liquidity AMM.

Margin & Partial Collateralization

Learn the basics of DeFi options inside Premia Academy!

💡 In this article, you will learn about:

Understanding DeFi Options

Call Options: Call options grant their holder the right to buy an asset at a specified price and date.

Put Options: Put options grant their holder the right to sell an asset at a specified price and date.

What's a Call Option?

Buying a call option is similar to paying upfront for a table at a restaurant, since even though you've secured the table, you only lose what you paid for the reservation if you decide not to go.

What's a Put Option?

Buying a put option is similar to paying upfront for insurance, since you're protected if something happens to your house.

What Are Options Useful For?

Options are the most versatile and flexible tool for investing - by understanding the fundamentals of options thoroughly, traders can gain a powerful weapon for their portfolio.

Key Takeaways

DeFi Options 101

Learn about Premia Blue, the premier DeFi Token Options Exchange!

Welcome to Premia Blue

Welcome to an overview of everything you can do on Premia Blue!

Trade European-style options on any ERC-20

Earn yield from automated Strategy Vaults

Seamlessly enter long- and short positions on any option

Fully customize your LP risk profile with concentrated liquidity

💡 What is Premia Blue useful for?

Premia Blue: The Next Generation of DeFi Options

Premia Blue: A non-custodial DeFi options exchange built exclusively on Arbitrum.

Trading Options on Premia Blue

Premia Blue: Option traders will receive aggregated price quotes from multiple sources, ensuring optimal trade execution.

Setting Range Orders

Range Orders: Liquidity providers are able to concentrate their liquidity within the range and type of option that will earn them optimal yield.

Options Strategy Vaults

Let's Recap

Options Trading: Traders can fully customize options on any ERC-20 and receive price quotes from multiple sources to ensure optimal trade execution!

Concentrated Liquidity & Range Orders: LPs are able 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!

Strategy Vaults: LPs can choose to deposit into simpler self-executing strategies as opposed to entering granular concentrated liquidity positions.

Test your knowledge of how Premia utilizes Chainlink oracles to price options!

Exam: Chainlink Recruit

Learn about how Premia uses Chainlink to create on-chain options to earn a custom NFT badge!

Learn about Chainlink inside Premia Academy!

Course overview

Chainlink Recruit

What is Chainlink?

Options Pricing and Oracles

DeFi Options 101

Welcome to Premia Blue

Exam: Chainlink Recruit