Fix the floor before the market moves.

Buy a defined price floor for a Stock Token, or earn a fixed premium by writing fully collateralized protection.

Open appRead how it settles
Expiry priceFloor 100 USD
108 USD
FIXED FLOOR
Buyer payout from 1,000 USDG reserve0 USDG
FIXED PREMIUMMAXIMUM PAYOUT LOCKEDAPPROVED PRICE FEEDONCHAIN SETTLEMENTFIXED PREMIUMMAXIMUM PAYOUT LOCKEDAPPROVED PRICE FEEDONCHAIN SETTLEMENT

Two sides. One defined contract.

Every offer fixes the strike, lower bound, expiry, premium and maximum payout before another wallet accepts it.

The reserve exists before the position does.

The writer deposits the full maximum payout when creating an offer. The app never depends on a future margin call.

01

Writer sets the floor

The reserve and terms are locked in the market contract.

02

Buyer accepts

The fixed premium is deposited and the position becomes active.

Settlement follows the agreed range.

The contract reads an approved price feed after expiry and applies one formula.

Above

No protection payout

The writer receives the premium and recovers the complete reserve.

Inside

Linear shortfall payout

The buyer receives a proportional part of the reserve. The unused amount returns to the writer.

Below

Maximum payout

At or below the lower bound, the full reserve goes to the buyer.

Choose the terms. Fund the floor.

Open Nivell