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  • First DeFi Options Protocol on zkSync
  • 🚀Trading Mechanism
    • Buy & Sell ETH Options
      • Trade & Positions
      • Margin & Fees
      • Health Factor
    • Multiple Liquidity Pools
      • Leverages & Availability of Liquidity
      • Liquidity Addition
      • Liquidity Removal
    • Pricing Kernel
    • Tokenomics
    • 🏗️Deployed Contracts
    • 🛡️Security Audits
  • 🥸Glossary
    • Zomma Terms
    • Protocol Fee
    • Terms of Use
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  1. Trading Mechanism
  2. Buy & Sell ETH Options

Trade & Positions

When trader trades an option

If the trader does not hold any positions before, the trade will be executed as a new transaction. The smart contract will add up the available liquidity of all the pools that satisfy the trading conditions, undergoing Zomma’s pricing kernel to obtain the option price. The pool would then receive positions according to the ratio of available liquidity that each contributed.

(before expiry or at expiry) If trader's trade has positions in the liquidity pool that are in the opposite direction (the pool offsets positions), they can execute trades at the theoretical price. The remaining insufficient part will be treated as a new opening position with a price subject to slippage.

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Last updated 1 year ago

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