Moby is an on-chain options protocol backed by its own pioneering Synchronized Liquidity Engine (SLE) model to drive the next narrative for DeFi.

It is the first-ever on-chain options protocol to bring real-time accurate options pricing, narrowest spread in the market, maximum liquidity, and Robinhood-class UI/UX. It is also the first-ever options protocol to receive the Arbitrum Foundation Grant prior to mainnet launch.

<On-chain Options: Demand is Here, Supply is Not>

Multiple sources point to the growth potential for on-chain options:

• Open interest for BTC & ETH options surpassed that of futures for first time in 2023 • Historic market data implies a 118X growth for the on-chain options market • Tokenized asset market expected to reach $16 trillion by 2030 (source: BCG, ADDX) • 30% of options vol. in US led by retail traders after Robinhood app introduces options trading

Despite the significant growth potential, the market does not have a “supplier” that satisfies demand and thus has been unable to experience a full take-off / adoption for crypto options:

• CEX: Market maker renders thick spread and thus unfavorable environment for retail traders • DEX: Inability to derive real-time accurate price and poor capital efficiency hinder adoption

<Moby: an Options Protocol to Lead Next DeFi Meta>

Moby’s mission since day 1 has been to effectively address core issues in the market and establish standards for on-chain options.

Some of its distinctive approaches include the following:

• Radically reduced trade cost and Greeks risk with Dynamic Spread (Risk Premium) Model • Real-time accurate options pricing via Synchronized Liquidity Engine (SLE) • Unparalleled capital efficiency (~ 180X higher vs. existing DEXs) • No liquidation, Ultra high leverage (~1,000X) • Infra scalability to areas such as lending, perp options, structured products, RWA