Active Trading Mechanism

  • eTokens are technically ERC20 tokens so can be exchanged P2P or traded anywhere (like on Uniswap), SPL versions of these tokens can be traded on the Serum orderbook.

  • However options are nuanced products and neither an AMM has worked well for them nor an orderbook on a slow chain

  • Our RFQ fetches the best quotes from 0x EVM orderbook, Hashflow cross chain RFQ, and some option AMMs.

  • Users can buy options from here, sell to existing buyer, or mint new short positions and place sell orders (Creating new OI) via the UI below or the Chakra APIs

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