Onchain options that trade like perps
Isometric lets you go long or short with leverage on Arbitrum and Robinhood Chain. You pay once, up front, in USDG. That payment is the most you can ever lose. There is no liquidation price, no funding rate, and no margin to top up.
The whole trade in four choices
- Direction. Long if you think the price will be higher at settlement. Short if lower.
- Amount. How much USDG to spend.
- Term. One, three, seven, or thirty days. The exact settlement time is shown before you confirm.
- Leverage. 5x to 100x. It sets your position size, and with it how much every 1% of the move is worth.
At the settlement time a single price decides the outcome. Finish past your breakeven and you come out ahead, up to your Max payout. Finish on the wrong side of your worthless price and you lose what you paid, never more.
Why not a perp
No liquidation
A move against you does not close your position. It stays open to settlement, however far the price wanders in between.
No funding
Holding costs nothing, at any size, for the whole term. What you pay at open is the entire cost.
One counterparty
The pool is the counterparty on every trade. There is no order book to walk and no partial fill.
The trade-off is that a position runs to its settlement time. You cannot close it early, and the payout stops growing at the Max payout shown on the ticket. Perps versus Isometric lays out both sides.
Keep reading
Open your first position
Connect a wallet, fund it with USDG on Arbitrum or Robinhood Chain, and place a trade.
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Read the quote
What the six numbers on the ticket mean, with a worked example.
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Know the risks
What you can lose, what can delay a payout, and what the protocol does not protect you from.
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Markets
Launching with Bitcoin on Arbitrum and Robinhood Chain. More markets are listed in the app as coming soon.
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