 | Ithaca ProtocolIthaca Protocol is developing a non-custodial, composable option protocol aimed at creating permissionless cross-chain infrastructure for optimal risk sharing. Their offerings include an Option Trading Protocol, an Algorithmic Market Maker, and a Collateral Optimization Engine, with future plans for a margin lending and liquidation mechanism and decentralized governance. PreSeed Round: $2.5M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Ithaca Protocol
Ithaca aims to bring more options trading volume on-chain and meet the growing demand for structured products in crypto markets. Now, in testing on Arbitrum, its protocol uses an algorithmic market maker model to bootstrap liquidity.
Ithaca says it can shorten the path to institutional-scale options trading volumes across blockchains by fragmenting options contracts into fundamental building blocks. Its permissionless infrastructure aggregates liquidity and enables risk transfer across assets and time horizons.
The planned launch is when defi is recovering after the drop in 2022. So far, the defi total value locked (TVL) stands at over $56 billion.
DetailsRaised: 2,500,000 USDLegalBlockchain Platform: EthereumRegistration year: 2023 |
Ithaca Protocol Roadmap
- Vanilla Calls & Puts
- Binary / digital calls & puts
- Statically replicable structured products
- Per auction settled cash (MEV-resistant spot)
- Prepackaged Strategies
- Governance token
- Liquidity incentive structure
- TradFi access integration
- Margin borrowing /lending + liquidation engine
- Path dependent derivatives
- Pairwise linked order books
Project team
Social media
MVP
