For Market Makers
Crypto funds and dealers who market make derivatives can utilize NIL to generate returns.
Dealers can earn volatility premiums on NIL by pricing and offering IL protection, while hedging out their exposure with an options portfolio.
If you are a crypto fund who would like more fine-grained ways to write IL protection (e.g. choose token pairs and set pricing), please reach out to [email protected]. We have some cool ideas here and would love your feedback :)
Last modified 7mo ago