Ribbon Finance
RBN
0.04438533
24h
24h:
-3.28%
7d:
-7.94%
30d:
-12.8%
Market Cap
3.737M
24h:
-3.27%
Volume
173.8
Circulating Supply
84.203M RBN
Total Supply
1B RBN
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.
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