Smilee Finance Docs
What are Options?
Impermanent Loss & Options
Past & Present
Bull, Bear, Smile
Initial Price, Breakeven, Expiry
Impermanent Gain Pricing
Impermanent Gain vs. Vanilla Options
DVPs & Vaults
Maturities & Epochs
Oracles & Risks
Trading Competition FAQs
Profit from volatility with up to 1,000x leverage & no liquidations.
Long, short, or hedge market volatility
Impermanent Gain buyers earn the Impermanent Loss endured by liquidity providers—hence “Impermanent Gain”.
When the market experiences volatility (severe price movements up or down), LPs get rekt by Impermanent Loss. Impermanent Gain turns the LPs loss into your gain. 🤝
Thanks to leverage, a tiny loss for LPs turns into a huge Impermanent Gain!
Smilee v1.69 (current)