Ribbon Finance is a DeFi protocol providing a diverse range of structured crypto products and investment strategies. Its innovative one-click deposit "vaults" enable automated complex investments and offer real-time market-based portfolio breakdowns. Unlike other DeFi projects relying on token incentives, Ribbon's community vaults focus on sustainable yield generation through derivative options and user-generated funds. By incorporating traditional finance concepts like derivatives and covered call investments, Ribbon offers less risk and steady rewards.
The platform was built by Julian Koh in 2021. At the moment, the TVL of Ribbon Finance is $42.2 million.
Ribbon Finance offers the following services:
- Theta Vaults, or DeFi Options Vaults (DOVs) are yield-focused strategies involving the sale of European options with weekly expiration. These vaults reinvest the premiums earned from option sales, compounding returns over time. Two active types of Theta Vaults are covered call selling and put selling.
- Ribbon Earn offers fully funded strategies that capitalize on intra-week ETH movements while protecting capital, with two available vaults: Earn USDC and Earn stETH.
- Ribbon Treasury provides private Theta vaults for DAOs to run covered calls on their native tokens, allowing customization of parameters such as strike selection, tenor, and premium currency.
- Ribbon Lend enables uncollateralized lending to institutional market makers, offering high yields, no lockups, off-chain enforcement, and built-in insurance.
RBN has a total supply of 1,000,000,000 and a circulating supply of 532,821,809.
Consider investing in Ribbon Finance (RBN)? It only takes 2 minutes to create an account on Bitget and start trading RBN.
Check out the available RBN trading pairs on Bitget!
Spot market
Buy Ribbon Finance in Vietnam with Bitget