Ask about Convertibles
Logo of ConvertiblesConvertibles
Total Value Locked$38.2

TVL by Chain

Ethereum$38.2

Protocol Information

Structured credit protocol issuing convertible tokens that redeem at $1 or convert into ETH at a fixed price, offering stablecoin downside protection with ETH upside

Category:Options

Website

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Hegic ($8.74m)Panoptic V2 ($1.33m)Ribbon Earn ($826,030)Opyn Gamma ($812,124)GammaSwap Open Interest ($595,552)SOFA.org ($577,071)Opyn Convexity ($427,151)Pods Finance ($388,442)Cega V1 ($308,213)Siren ($282,460)