Logo of Rysk V12Rysk V12

Total Value Locked$48.41m

TVL by Chain

Hyperliquid L1$39.25m

Ethereum$9.16m

Key Metrics

Options Premium Volume 30d$1.55m

$316,166

$24,586

$20.58m

Options Notional Volume 30d$146.34m

$32.91m

$1.71m

$1.462b

Protocol Information

Rysk V12 introduces a new way to earn high, sustainable yield on ETH, BTC, and any volatile asset in DeFi. DeFi’s biggest gap has been obvious: scalable, efficient returns on its core assets. These assets are held by everyone, yet their yields remain low and unsustainable. Rysk fixes this by reimagining covered calls, a proven strategy from traditional finance, and making it work for DeFi.

WebsiteX/Twitter
Category:Options Vault

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHub

Competitors

Ribbon ($4.44m)3Jane Options ($119,640)Olive ($50,888)Grappa Finance ($0.45)Katana ($2.28m)Typus DOV ($948,798)Spin DOV ($34,584)Bonsai Strike ($8,378)AlgoRai Finance ($1,850)Chest Finance ($1,378)

Frequently Asked Questions

What is Rysk V12's TVL?

Rysk V12 currently has $48.41m in total value locked. TVL has decreased 5.4% over the past 30 days.

What chains does Rysk V12 operate on?

Rysk V12 operates on 2 chains: Hyperliquid L1 and Ethereum. Hyperliquid L1 holds the largest share at 81.1%.

How does Rysk V12's TVL compare to similar protocols?

Among Options Vault protocols tracked by DefiLlama, Rysk V12 ranks #1 by TVL. The category holds $56.37m across 18 protocols, and Rysk V12 accounts for 86% of that total. Other leading protocols include Ribbon, 3Jane Options, Olive, Grappa Finance, Katana, Typus DOV, Spin DOV, Bonsai Strike, AlgoRai Finance, and Chest Finance.