Past & Present

It all started with a simple inquiry of the notorious phenomenon in DeFi known as Impermananent Loss. That curiosity led to the staggering realization that there's $100m+ of recorded Impermanent Loss suffered on the Uniswap ETH/USDT pool alone.
And a product to offset those losses? It didn't exist...
The concept of "Impermanent Gain" was born—a way to deliver an inverse Impermanent Loss payout through Options.
Almost 1.5 years later, we arrived here, to a fully custom-coded synthetic engine enabling our Trade & Earn Products, and many more volatility products to come.

For those of you who'd like to better understand the journey here, and what's ahead. 👇