1 Day⌛ - Sunset🌇 -

Winners take it all, expires every day (00:00am UTC)

The Stvol team has decided to sunset the 1 Day option product as of 3 June 2024, to focus on shorter-term options.

The 1-day option may be revisited based on market demand in the future. We sincerely thank all users who have shown interest and traded the 1 Day option and encourage you to trade the 1 Hour option moving forward.

Below archive is for the sake of previous rounds' users who have not claimed their payouts yet.

Participation is easy: simply click 'Under' or 'Over'🖱️

Users can make predictions on prce changes of various coins/tokens for a maturity of 24 hours.
Users can trade 0DTE crypto options simply by connecting their wallets to stVol, deciding Strike, and placing orders on either side of the round (Under or Over, or even both).

Products include the price of coin/token moving beyond or within +3%, +1%, 0% (Up or Down), -1%, -3% for ETH or BTC.
- In the case of 'Up or Down', the Strike is 100% of Start Price. Likewise, Strike of '+1%' and '-1%' are 101% and 99% of Start Price, respectively.
- Users can place orders in Over, if they think the price of such coin/token at expiry will end higher than the Strike.
- Conversely, users can place orders in Under, if they think the price will end lower than the Strike.
- Users can make additional orders during the day without any limitations, as long as the round is open for orders. Positions of the same day will be accumulated.
- The above can be summarized as below;
  - Strike: 100% (= 'Up or Down')
    Over wins if End Price > Start Price
    Under wins if End Price < Start Price
  - Strike: 101% (= '+1%')
    Over wins if End Price > Start Price * 101%
    Under wins if End Price < Start Price * 101%
  - Strike: 99% (= '-1%')
    Over wins if End Price > Start Price * 99%
    Under wins if End Price < Start Price * 99%
Once the order is made, such a corresponding USDB amount will be locked from the user's wallet until the option expires and gets settled automatically.
- This means there is no counterparty risk for the users, as each round is fully collateralized with the participants' USDB under a smart contract.

Only two payouts, Win or Lose🫰

There will be a binary output of winners and losers, and winners will take losers' order amount as a payout, subject to the platform fee (2% of losers' order amount) and gas fee.
- Payout Ratio for Winner = Total Value of Under or Over Order Amount ÷ Total Value of Winner side (either Under or Over) Order Amount
- For example, if the order amount in Under of a round is 5 USDB, and the overall order amount of the round is 15 USDB, the payout ratio for Under will be (15/5)=3x.

At the expiry, stVol's binary option will be settled automatically under the smart contract.
- Winners will be able to claim their payout on stVol's 'History', which shows the user's previous order history. Once the claim button is clicked, the payout for the user will be automatically returned to the user's wallet.
- Losers will not have a Claim button, although 'History' will still show the user's previous order history.

PreviousNot-in-use NextHow It Works

Last updated 6 months ago

Participation is easy: simply click 'Under' or 'Over'🖱️

Users can make predictions on prce changes of various coins/tokens for a maturity of 24 hours.

Users can trade 0DTE crypto options simply by connecting their wallets to stVol, deciding Strike, and placing orders on either side of the round (Under or Over, or even both).

Products include the price of coin/token moving beyond or within +3%, +1%, 0% (Up or Down), -1%, -3% for ETH or BTC.

In the case of 'Up or Down', the Strike is 100% of Start Price. Likewise, Strike of '+1%' and '-1%' are 101% and 99% of Start Price, respectively.
Users can place orders in Over, if they think the price of such coin/token at expiry will end higher than the Strike.
Conversely, users can place orders in Under, if they think the price will end lower than the Strike.
Users can make additional orders during the day without any limitations, as long as the round is open for orders. Positions of the same day will be accumulated.
The above can be summarized as below;
- Strike: 100% (= 'Up or Down')
  - Over wins if End Price > Start Price
  - Under wins if End Price < Start Price
- Strike: 101% (= '+1%')
  - Over wins if End Price > Start Price * 101%
  - Under wins if End Price < Start Price * 101%
- Strike: 99% (= '-1%')
  - Over wins if End Price > Start Price * 99%
  - Under wins if End Price < Start Price * 99%

Once the order is made, such a corresponding USDB amount will be locked from the user's wallet until the option expires and gets settled automatically.

This means there is no counterparty risk for the users, as each round is fully collateralized with the participants' USDB under a smart contract.

Only two payouts, Win or Lose🫰

There will be a binary output of winners and losers, and winners will take losers' order amount as a payout, subject to the platform fee (2% of losers' order amount) and gas fee.

Payout Ratio for Winner = Total Value of Under or Over Order Amount ÷ Total Value of Winner side (either Under or Over) Order Amount
For example, if the order amount in Under of a round is 5 USDB, and the overall order amount of the round is 15 USDB, the payout ratio for Under will be (15/5)=3x.

At the expiry, stVol's binary option will be settled automatically under the smart contract.

Winners will be able to claim their payout on stVol's 'History', which shows the user's previous order history. Once the claim button is clicked, the payout for the user will be automatically returned to the user's wallet.
Losers will not have a Claim button, although 'History' will still show the user's previous order history.