Enhancing the Onchain Options Market: Stryke X SushiSwap

Enhancing the Onchain Options Market: Stryke X SushiSwap

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Context

In the ever-evolving world of DeFi, Stryke is continually looking to grow and scale the on-chain options market. Our latest initiative involves a strategic integration with SushiSwap, aiming to enhance the composability of our platforms with existing DeFi legos.

Overview

  1. Discover SushiSwap
  2. Relevant Links
  3. Integration Context
  4. Conclusion

Discover SushiSwap

SushiSwap, a leading decentralised exchange (DEX), is known for its influential role in the DeFi ecosystem. With a user-friendly interface and a versatile platform, SushiSwap facilitates a broad array of DeFi function including trading, staking, and earning across multiple networks.

Relevant Links

Integration Context

This integration positions SushiSwap as the third DEX in our network, following Uniswap and PancakeSwap. It allows SushiSwap LPs to engage with Stryke’s on-chain options market using SushiSwap V3, offering a choice among top DEXs to deploy their assets and enhance their trading strategies.

Integration Details

SushiSwap LPs can now participate in markets such as WTBC/USDC, WETH/USDC, and ARB/USDC. Through this partnership, SushiSwap is incentivizing CLAMM LPs with 150,000 ARB tokens from its LTIP, promoting increased liquidity and engagement.

Integration Benefits

With this integration, SushiSwap LPs can access Stryke’s CLAMM directly, facilitating increased liquidity. This approach not only broadens the scope of available LP strategies but also builds on the foundational work Stryke accomplished with the launch of CLAMM.

Conclusion

The integration with SushiSwap represents a significant step in Stryke’s ongoing efforts to expand and enhance the on-chain options market.

By building out more composability with existing DeFi legos, we are ensuring that advanced trading tools become more accessible and intuitive for a broader audience. Join us as we continue to advance the LPDfi ecosystem and provide innovative solutions that meet the needs of today’s onchain options traders.

Explore the New SushiSwap Integration Now:

  • Head to the Stryke DApp.
  • Select “SushiSwap V3” from the options available in the “DEX” dropdown.
  • Follow the traditional deposit procedure.

About Stryke

Stryke is a decentralised options protocol that focuses on maximising liquidity and enhancing gains for option buyers while minimising losses for option writers—all in a passive approach.

Stryke employs option pools that enable anyone to effortlessly earn yield. The protocol provides value to both option sellers and buyers by ensuring equitable and optimised prices for options at various strike prices and expiries, achieved through our proprietary, cutting-edge option pricing model designed to mirror volatility smiles.

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