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Ribbon Finance

RBN
Rank #291rating icon

0.17

24h
24h:
-1.62%
7d:
+2.41%
30d:
+28.26%
Market Cap
15.98M 
24h:
-0.17%
Volume
141.1K 
Circulating Supply
96.82M RBN
Total Supply
1B RBN
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Ribbon Finance, launched in early 2021 on the Ethereum mainnet, revolutionizes structured options products. Initially adopting a broad straddle strategy, it pivoted due to high gas fees. The platform emphasizes volatility, returns enhancement, capital safety, and compound interest. Its standout product, Theta Vault, introduced in August 2021, operates on the Opyn protocol, implementing covered call/put options via smart contracts.

Average sentiment

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RBN weekly sentiment

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50%

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