Ask about Ithaca Protocol
Logo of Ithaca ProtocolIthaca Protocol(ITHACA)
Total Value Locked$13,107

TVL by Chain

Arbitrum$13,107

Key Metrics

Options Premium Volume 30d$424,082

Options Premium Volume 7d$71,974

Options Premium Volume 24h$11,998

Cumulative Options Premium Volume$49.11m

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.

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Audits:

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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 ($8.66m)Deri V4 ($5.98m)Derive V1 ($1.19m)GammaSwap Open Interest ($748,056)SOFA.org ($574,032)Premia V3 ($436,160)Pods Finance ($388,357)Deri Protocol ($309,887)Cega V1 ($308,222)Siren ($265,373)