Ask about Ithaca Protocol
Logo of Ithaca ProtocolIthaca Protocol(ITHACA)
Total Value Locked$13,454.14

TVL by Chain

Arbitrum$13,454.14

Key Metrics

Options Premium Volume 30d$495,018

$181,080

$7,999

$49.53m

Total Raised$2.5m

Jan 31, 2024$2.5mRound: Pre-SeedInvestors: Cumberland, Wintermute, Room40 Ventures, Ghaf Capital Partners, Andrew Keys, Stan Miroshnik, Georgios Vlachos

Protocol Information

Ithaca is a Non-Custodial, Composable Option Protocol. Ithaca’s mission is to build permissionless cross-chain infrastructure enabling optimal risk sharing across time and event horizons. The protocol allows for instant deployment of ‘liquidity self-enhancing’ complete, composable option, structured product and lending markets on any underlying.

Category:Options

Audits:

WebsiteGitHubTwitter

Methodology

TVL: counts the number of WETH and USDC in Ithaca Fundlock contractView code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHub

Competitors

Hegic ($9.1m)Deri V4 ($6.35m)SOFA.org ($636,481.64)GammaSwap Open Interest ($603,499.32)Premia V3 ($448,283.89)Pods Finance ($388,569.1)Deri Protocol ($309,426.37)Cega V1 ($308,248.21)Siren ($288,889.86)TYMIO ($230,613.6)

Frequently Asked Questions

What is Ithaca Protocol?

Ithaca is a Non-Custodial, Composable Option Protocol. Ithaca’s mission is to build permissionless cross-chain infrastructure enabling optimal risk sharing across time and event horizons. The protocol allows for instant deployment of ‘liquidity self-enhancing’ complete, composable option, structured product and lending markets on any underlying.

What is Ithaca Protocol's TVL?

Ithaca Protocol currently has $13,454.14 in total value locked. TVL has increased 5.9% over the past 30 days.

What chains does Ithaca Protocol operate on?

Ithaca Protocol operates on Arbitrum. Arbitrum holds the largest share at 100%.

How does Ithaca Protocol's TVL compare to similar protocols?

Among Options protocols tracked by DefiLlama, Ithaca Protocol ranks #35 by TVL. The category holds $26.83m across 59 protocols, and Ithaca Protocol accounts for 0.1% of that total. Other leading protocols include Hegic, Deri, and Panoptic protocol.