Pivot is a decentralised options exchange for NVIDIA, the S&P 500 and the Nasdaq 100 on-chain. Buy calls and puts, write covered calls, or earn premiums as a liquidity provider, with every contract fully collateralised and physically delivered.
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Built like a listed options market, running entirely on smart contracts.
Exercise a call and receive the actual NVDAB, SPYB or QQQB tokens. Exercise a put and deliver them for USDC. No cash-settlement games.
Every quote is computed by the contract from spot, strike, time and volatility, with a volatility skew and spread. Fully transparent.
Every call is backed 1:1 by the stock token and every put by its full strike in USDC. Writers can't be liquidated and buyers always get paid.
New strikes list every trading day and expire at the 4:00 pm ET close. In-the-money options are exercised automatically.
Trade instantly against the vault's liquidity or post limit orders on the on-chain order book. Combos and multi-leg strategies are built in.
Prices stream from Binance every second, implied volatility comes from CBOE and the risk-free rate from the US Treasury.
Pick a strike on the option chain and pay the premium in USDC. If the option finishes in the money it is exercised for you and you receive the shares.
Lock your stock tokens (or the full strike in USDC for puts) and collect the premium up front. Your collateral is released when the option expires.
Deposit USDC once into the Pivot Vault. It writes cash-secured puts on every market, turns assigned stock into covered calls, and every premium accrues to your share.
Live prices of the tokenized stocks Pivot lists options on.
Deposit USDC once. The vault writes cash-secured puts on every market; stock it is assigned goes on to write covered calls, and the strike comes back as USDC. It earns the premium traders pay on both sides. Withdraw any time, pro rata, straight from the contracts.
Connect a wallet, grab test tokens from the faucet and place your first options trade in under a minute.
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