Saturday, 30 September 2023

Crypto News

Premia Blue, the Future proof DeFi Options Exchange, is now live on Arbitrum

Premia Blue, the Future proof DeFi Options Exchange, is now live on Arbitrum

Road Town, British Virgin Islands, September 13th, 2023, Chainwire

Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum.

Designed for traders and liquidity providers across all experience levels, Premia Blue offers unparalleled capital efficiency, user functionality, and composability in the DeFi space. Traders are now open to fully customizable European-style crypto options with market-driven pricing and dual trading modes—AMM and Orderbook. The only options platform in DeFi where products are composable no matter the preferred trading method.

Premia Blue opens the world to traders and liquidity providers of any knowledge, skill, or experience level thanks to its unique features, smooth UX, and easy onboarding. Liquidity providers can open pools on any ERC-20 token permissionlessly, while fully customizing their risk profile. Premia Blue’s unique Smart Range Orders and Concentrated Liquidity, allow liquidity providers to maximize their capital, while one-click Strategy Vaults offer potential passive yields.

Whether one is a trader, market-maker, or liquidity provider, Premia Blue’s robust feature set, including the upcoming margin, spreads, and lending products, empowers them to optimize their strategies and earn potential yield seamlessly.

As part of Premia Blue’s special promotion, for a limited period, users can receive 50% of protocol commissions back on referrals during the initial month.

The Hybrid nature of Premia Blue is the best of both worlds. To compete with the big boys we knew we needed to match costs at the granular level, while offering novel primitives and transparency that the big boys cannot match. Centralized Fees, Decentralized Attitudes. – DK, Vibe Broker at Premia

Setting a New Standard in Options Protocols

Previous iterations of DeFi options protocols (including Premia V2) have followed a vault-style design.

In protocols such as these, users can provide liquidity or buy options. However, LPs have to assume risk across all strikes and expiration dates, while traders have to combat low or fragmented liquidity and inefficient pricing models.

In contrast, Premia Blue is the first crypto options exchange to merge an order book, algorithmic strategies, and an AMM, composable and fully onchain. The onchain order book is available at no cost to users published on Arbitrum Nova, so…

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