The lowest price a seller is willing to accept for an asset.
Here’s your point of reference for the technical jargon of DeFi options.
The lowest price a seller is willing to accept for an asset.
A trading strategy that exploits price differences of the same asset across different markets to earn a profit.
An option contract that allows the holder to exercise the option at any time before its expiration date.
The annual interest rate charged for borrowing or earned for lending.
The rate at which an investment in cryptocurrency earns interest over a year.
A decentralized exchange that uses a mathematical algorithm to set the price of assets and liquidity pools.
Any cryptocurrency other than Bitcoin.
An exchange of cryptocurrencies from separate blockchains without the involvement of a centralized intermediary.
An options trading strategy that involves selling a call option at a higher strike price and buying a call option at a lower strike price, resulting in a net credit for the trader.
An options trading strategy that involves buying a put option at a higher strike price and selling a put option at a lower strike price, resulting in a net debit for the trader.
A market sentiment that indicates the expectation of a decline in the price of an asset.
The highest price a buyer is willing to pay for an asset.
A popular mathematical model used to calculate the theoretical price of an options contract.
The price at which an options trader neither profits nor loses from a trade.
An options trading strategy that involves buying a call option at a lower strike price and selling a call option at a higher strike price, resulting in a net debit for the trader.
An options trading strategy that involves selling a put option at a lower strike price and buying a put option at a higher strike price, resulting in a net credit for the trader.
A market sentiment that indicates the expectation of a rise in the price of an asset.
A decentralized, distributed ledger that records the provenance of digital assets across many computers (nodes.)
The process of permanently removing coins from circulation, reducing the total supply.
An options contract that gives the holder the right, but not the obligation, to buy an underlying asset at a predetermined price and time.
Assets pledged as security for a loan or options contract.
The ability of decentralized applications to interact with each other seamlessly.
A liquidity pool mechanism where liquidity providers are able to set a tight range of prices or premiums in which their liquidity will be utilized.
A type of digital currency that utilizes cryptography (commonly a blockchain) for security.
A system or service where a third-party entity holds and manages assets on behalf of users, typically involving a transfer of ownership or control to that entity.
The practice of storing cryptocurrency offline to safeguard it from theft or hacking.
The method a blockchain uses to agree on the state of the network.
Refers to the ability to move or interact with cryptocurrencies across different blockchain networks.
A decentralized organization that operates using a decentralized governance system built upon smart contracts and blockchain technology.
A financial instrument whose value is derived from an underlying asset or set of assets.
An auction in which the price of the asset is gradually lowered until a buyer (or lot of buyers) is willing to buy it.
A financial system built on public blockchains such as Ethereum, where traditional financial services are provided without the need for intermediaries like banks or brokers.
A type of cryptocurrency exchange that allows for direct peer-to-peer transactions to take place online securely and without the need for an intermediary.
An application that is running on a blockchain network with trustless protocols.
A small amount of a given cryptocurrency, so small that it's considered not worth dealing with.
The date on which an options contract expires.
The act of using an options contract to buy or sell an underlying asset.
The portion of an options contract's premium that reflects the time value of the option.
An option contract that can only be exercised at the expiration date.
An option contract which has features such as multiple payoff triggers that make it more complex than commonly traded vanilla options.
A standard for tokens on the Ethereum Virtual Machine (EVM).
A standard for non-fungible tokens (NFTs) on the Ethereum Virtual Machine (EVM).
A financial derivative that is fully backed by collateral.
Government-issued currency that is not backed by a physical commodity, like gold or silver.
A split in a blockchain that results in two paths—one that follows the old protocol and one that follows the new protocol.
A website or app that rewards users with small amounts of cryptocurrency for completing simple tasks.
A Greek that represents the rate at which an options contract's delta changes in response to changes in the price of the underlying asset.
The transaction fees that must be paid to successfully conduct a transaction or execute a contract on a blockchain.
A strategy used to minimize the risk of a loss by taking an offsetting position in another asset.
An event in which the reward for mining new blocks is halved, meaning miners receive 50% fewer cryptocurrencies for verifying transactions.
The speed at which a miner is able to perform hash functions, often used as a measure of computational power.
A prestigious rite of passage held at the testnet launch of Premia Blue for the new recruits at Premia Academy.
A loss incurred by liquidity providers in a liquidity pool when the price of the assets in the pool changes.
An options contract whose strike price is favorable compared to the current market price of the underlying asset.
The inherent worth of an options contract, determined by the difference between the current market price of the underlying asset and the strike price of the option.
A type of crowdfunding using cryptocurrencies.
The ability of different protocols and blockchains to work and interact with each other.
An order to buy or sell an asset at a specific price or better.
The degree to which an asset or market can be bought or sold without affecting its price.
A process in which users can earn rewards by providing liquidity to a liquidity pool.
An individual or entity that provides liquidity to a liquidity pool.
A smart contract that holds a pool of assets used for trading or providing liquidity.
An options trading strategy that involves buying a call option with the expectation of a rise in the price of the underlying asset.
A position in which an investor has bought an asset with the expectation of a rise in its price.
An options trading strategy that involves buying a put option with the expectation of a decline in the price of the underlying asset.
A secondary blockchain built on top of an existing blockchain network to improve scalability and efficiency while utilizing the security of the underlying blockchain.
A key concept in finance and trading, this involves using borrowed funds or financial instruments to amplify potential profit and loss.
A collection of funds locked in a smart contract, used to facilitate decentralized trading and lending.
An individual or entity that provides liquidity to and facilitates a market by placing bids and asks.
An order to buy or sell an asset at the best available price in the market.
The current price at which an asset is being traded in the market.
An individual or entity that facilitates a market by accepting the bids and asks of a market maker.
The process by which transactions are verified and added to a blockchain, also the means through which new units of cryptocurrency are released in proof-of-work blockchains like Bitcoin.
Short for multi-signature, it refers to requiring more than one key to authorize a transaction.
A type of digital asset that can represent a wide range of unique tangible and intangible items. Often used to represent positions on DeFi platforms, e.g. LPs or options.
A system or service where users retain full control and ownership of their assets, without the need to rely on a third-party entity to hold or manage them.
Transactions or activities that occur outside of a blockchain.
Transactions or activities that occur on a blockchain.
A financial instrument that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price and time.
A set of metrics used to measure an options contract's sensitivity to changes in different variables, such as the underlying asset price, volatility, and time.
The price paid for an options contract, which includes both intrinsic value and extrinsic value.
A mathematical model used to calculate the theoretical price of an options contract.
The number of underlying assets covered by an options contract.
An individual or entity that sells options contracts and collects premiums from buyers.
A trusted source of data used to provide information to a smart contract.
An options contract whose strike price is not favorable compared to the current market price of the underlying asset.
The actual profit or loss realized from a trade after it has been closed.
The coolest and most comprehensive decentralized exchange for trading DeFi options and earning yield.
The current market price at which an asset is being bought or sold.
An options contract that gives the holder the right, but not the obligation, to sell an underlying asset at a predetermined price and time.
A decentralized form of platform interaction that is conducted directly between two parties.
A consensus mechanism where validators are chosen to create and validate new blocks based on their ownership or "stake" in the cryptocurrency, eliminating the need for extensive computational work.
A consensus mechanism where miners compete to solve complex puzzles, providing computational evidence of their work to validate and add new blocks to the blockchain.
An order to buy or sell an asset within a specific price range.
The degree of variation of an asset's price over a specific period of time.
A Greek that represents the rate at which an options contract's price changes in response to changes in the risk-free interest rate.
A term used to describe a severe loss at trading, derived from "wrecked".
The process of selling an asset or option back to a liquidity pool.
The process of closing a trade and transferring assets or funds between parties.
An options trading strategy that involves selling a call option with the expectation of a decline in the price of the underlying asset.
A position in which an investor has sold an asset with the expectation of a decline in its price.
An options trading strategy that involves selling a put option with the expectation of a rise in the price of the underlying asset.
A self-executing contract that is programmed on a blockchain.
The price at which an underlying asset can be bought or sold when exercising an options contract.
The capability of a system, network, or process (e.g. a blockchain or dApp) to handle a growing amount of work.
The act of participating in a proof-of-stake (PoS) system to help secure the network and earn rewards. Also used to describe locking tokens to earn yield or governance rights within a protocol.
A type of cryptocurrency that is designed to maintain peg to a stable currency, as opposed to a volatile market price.
The smallest unit of Bitcoin, named after Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
A separate blockchain that is attached to the main blockchain, they are interoperable, but each operates independently.
A Greek that represents the rate at which an options contract's price changes in response to changes in time.
The process of creating and distributing new tokens in a cryptocurrency network.
The total amount of assets locked in a decentralized application or protocol.
A fee that is charged by a protocol, blockchain, or broker for processing a transaction.
A characteristic of blockchain technology where no trust is required between parties in a transaction.
The study of the supply and demand characteristics of cryptocurrencies, derived from a combination of the words "token" and "economics".
The asset on which an options contract is based.
The overall experience a user has while interacting with a website, application, or platform.
The visual and interactive elements of a website, application, or platform.
A Greek that represents the rate at which an options contract's price changes in response to changes in volatility.
The degree of variation of an asset's price over time.
In Proof-of-Stake (PoS) blockchains, validators are the nodes that participate in the consensus protocol, as opposed to miners in a Proof of Work (PoW) blockchain.
A measure of market price volatility of a specific asset.
A digital place where a user can store their cryptocurrencies.
An authoritative report or guide that usually informs readers about the philosophy, objectives, and technology of a project or initiative.
An individual or organization that holds (or trades in) a large amount of a cryptocurrency.
Tokens from one blockchain that have been 'wrapped' into a format that can be used on a different blockchain.
The return on an investment, typically expressed as a percentage of the invested amount.
A practice in DeFi that involves depositing cryptocurrencies via smart contract-based protocols with the aim of generating returns.
A cryptographic principle that allows one party (the prover) to prove to another party (the verifier) that they know a value x, without conveying any information apart from the fact that they know the value x.