Logo of Ithaca ProtocolIthaca Protocol(ITHACA)
Total Value Locked$14,573.24

TVL by Chain

Arbitrum$14,573.24

Key Metrics

Options Premium Volume 30d$439,705

$0

$0

$49.81m

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 ($10.07m)Deri V4 ($7.61m)SOFA.org ($967,549.51)GammaSwap Open Interest ($662,358.48)Premia V3 ($519,400.2)Pods Finance ($389,489.81)Deri Protocol ($309,438.7)Cega V1 ($308,196.3)Siren ($300,234.33)TYMIO ($276,973.24)

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 $14,573.24 in total value locked. TVL has increased 7.2% 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 #38 by TVL. The category holds $28.28m across 68 protocols, and Ithaca Protocol accounts for 0.1% of that total. Other leading protocols include Hegic, Deri V4, SOFA.org, GammaSwap Open Interest, Premia V3, Pods Finance, Deri Protocol, Cega V1, Siren, and TYMIO.