An option is a choice.
You pay a small fee up front for the right, never the obligation, to trade at a fixed price before a deadline. If the trade stops making sense, you walk away and lose only that fee.
Fee paid = worst caseFully collateralized American calls and puts on Robinhood Chain. Buyers risk the premium paid; writers lock the complete delivery obligation before an offer can be listed.
Start trading →$RAVE CAPending listing
Surface 014. Implied volatility across strikes and expiries on SOL-USD, sampled 03:42 UTC.
Rave is an on-chain exchange for options. An option is an agreement that lets you lock in a price today for a trade you can decide to make later — or skip entirely. Every contract here is backed by collateral locked before the offer is listed, and this build is experimental, unaudited software.
You pay a small fee up front for the right, never the obligation, to trade at a fixed price before a deadline. If the trade stops making sense, you walk away and lose only that fee.
Fee paid = worst caseA call fixes the price you can buy at, so it rewards you when the asset climbs. A put fixes the price you can sell at, which rewards you when it falls — or shields coins you already hold.
One rises · one fallsWhoever sells you a contract must deposit everything they could owe before their offer is allowed to appear. Nobody here can pledge more than they have already handed over.
Backed before listedA confirmed purchase mints an ERC-721 position that is read directly from contract events.
Wallet-owned · event-indexedWriters choose strike exchange, premium, amount, and expiry after approving exact collateral.
Covered · cash-securedLong options cap your downside at the premium paid. Hedge a bag, sell covered calls against it, or take leverage without a liquidation price.
Δ 0.96 · no liqMeme coins have been spot-only casino chips since day one. You buy, you hold, you pray. RaveOptions gives them the same instruments the majors have had for decades: strikes, expiries, premium, and a book deep enough to actually exit.
Built for traders who already know their Greeks, and for communities who want more than one button to press on their own token.
| Market | Settle | Premium | Amount | State |
|---|---|---|---|---|
| Physical | 15 USDG | 0.1 ETH | Template | |
| Physical | 12 USDG | 0.1 ETH | Template | |
| Physical | 18 USDG | 1 GLD | Template | |
| Physical | 9 USDG | 1 AAPL | Template |
Rave v1 settles real asset exchanges. Connect a wallet, hold USDG, and buy any fully collateralized offer a writer has listed on the configured deployment.
Open the app →