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What is Efficacy?
Efficacy Labs is building the internet’s native infra for trading and settlement of sophisticated derivative products on-chain We have 3 core offerings
Kriya DEX
- This is a decentralised exchange for trading under-collateralised derivatives
- Kriya is a CLOB-based DEX built on the Sui blockchain. This allows for very low latency trading with negligible gas.
- We'll start off with perps and European cash (~stablecoin) settled options
- We'll introduce cross-margining once we've scaled to enough liquidity
Dhan Vaults
- These are baskets of options strategies meant to generate yield in different market circumstances
- Volatility Yield
- Hedging Long Term Holdings
- Passive Income via Time decay
- These strategies are executed on the Kriya DEX as well as via Chakra auctions
- Execution code is deterministic and governed by the Quant DAO
Chakra SDK
- Web2 compatible API suite to access the efficacy ecosystem
- Traders can use the API to algotrade on the Kriya DEX
- Fiat on-ramps + custodianship features provided by partners embedded within the SDK
- You can seamlessly bridge collateral from EVM chains using the inbuilt mirroring feature and use it as margin for trades on Kriya
- Institutions can use the Chakra SDK for Creation, Margining and Settlement of custom payoff structures (Cross-chain Clearing House)
- All derivatives minted via Chakra will be fully collateralised
- Fixed loss spreads can be minted and auctioned too
Last modified 9mo ago