Smilee v1.69 (current)
Last updated
Last updated
Buy & sell IG options when you want
Get ~2x existing leverage with directional Impermanent Gain thanks to Concentrated Liquidity
Brand new UI/UX
~10x more yield, way more size thanks to Concentrated Liquidity
The flexibility & efficiency of the synthetic engine makes it possible to deliver a trading experience akin to a centralized exchange.
Buy & sell Impermanent Gain options at any time with market-driven pricing based on the Black & Scholes model—you're no longer forced to hold (pray) till expiry
😈 Bull
🐻 Bear
😃 Smile
More capital efficiency. More leverage. More Impermanent Gain. Make a directional bet on the underlying token or go neutral. Choosing a direction ~halves the cost and ~doubles your leverage!
Brand new UI/UX designed to make trading structured products seamless.
Up to 26x more yield (10x on average) for LPs on Real Yield. Up to 26x more capacity (10x on average) to mint & trade Impermanent Gains options.
Below, the comparison between Earn Vault Yield on Full Range (Smilee v1) or Concentrated Liquidity (Smilee v1.69) for different level of Implied Volatility
Below, the comparison between Impermanent Gain Vault Size on Full Range (Smilee v1) or Concentrated Liquidity (Smilee v1.69) for different level of Implied Volatility.
