PancakeSwap 和 Stryke 透過突破性的 CLAMM 選擇權交易徹底改變 DeFi

PancakeSwap 和 Stryke 合作推出了 CLAMM 選擇權交易，透過將 PancakeSwap 的平台與 Stryke 的選擇權協議合併，在 DeFi 領域取得了突破。美式選擇權在 Arbitrum 上首次亮相，提供不同的到期日和市場，例如 ARB/USDC。這種合作提高了流動性提供者的獲利潛力，並為用戶提供了突破性的交易機會。

PancakeSwap and Stryke Revolutionize DeFi with Groundbreaking CLAMM Options Trading

PancakeSwap 和 Stryke 透過突破性的 CLAMM 選擇權交易徹底改變 DeFi

April 8th, 2024, 9:00 AM UTC - PancakeSwap, the leading decentralized exchange (DEX), has partnered with Stryke (formerly Dopex) to introduce CLAMM (Concentrated Liquidity Automated Market Maker) Options Trading, a transformative innovation that redefines the DeFi landscape. This strategic collaboration merges PancakeSwap's robust platform with Stryke's cutting-edge options protocol, unlocking a world of new possibilities for traders and liquidity providers alike.

世界標準時間2024 年4 月8 日上午9:00 - 領先的去中心化交易所(DEX) PancakeSwap 與Stryke（前身為Dopex）合作推出CLAMM（集中流動性自動做市商）期權交易，這是一項重新定義DeFi 格局的變革性創新。此次策略合作將 PancakeSwap 強大的平台與 Stryke 的尖端選擇權協議相結合，為交易者和流動性提供者等開啟了一個充滿新可能性的世界。

CLAMM Options: Unleashing Trading Versatility

CLAMM 選擇權：釋放交易多功能性

Launching on the Arbitrum network, PancakeSwap's American-style CLAMM options provide unparalleled flexibility with diverse expiry durations (1, 2, 12, and 24-hour options) and a wide range of markets including ARB/USDC, ETH/USDC, and wBTC/USDC. These options, available in both Call and Put types, utilize strike prices based on v3 pool ticks. To maximize returns, users can exercise positions before closure to avoid in-the-money options expiring worthless. The platform also offers an auto-exercise feature, automating the profit realization process at expiry.

PancakeSwap 的美式 CLAMM 選擇權在 Arbitrum 網路上推出，提供無與倫比的靈活性，具有多種到期時間（1、2、12 和 24 小時選擇權）以及廣泛的市場，包括 ARB/USDC、ETH/USDC 和 wBTC/美國發展中心。這些選擇權有看漲和看跌兩種類型，利用基於 v3 池報價的執行價格。為了最大化回報，用戶可以在平倉前行使頭寸，以避免實值選擇權到期而變得毫無價值。該平台還提供自動行使功能，在到期時自動執行利潤實現流程。

CLAMM Options: Transforming Liquidity Dynamics

CLAMM 選擇權：改變流動性動態

Crafted by the Stryke team, the CLAMM options protocol introduces a groundbreaking dual liquidity provision system that empowers both options traders and PancakeSwap v3 pools. Here's how it operates:

CLAMM 選擇權協議由 Stryke 團隊精心打造，引入了突破性的雙重流動性提供系統，為選擇權交易者和 PancakeSwap v3 礦池提供支援。它的運作方式如下：

• Liquidity Addition: Users adding liquidity to CLAMM options simultaneously contribute to designated PancakeSwap v3 (CLAMM) pools within their chosen price range.
• Options Trading: When an options trader initiates a position, liquidity is extracted from the v3 pool to facilitate options selling, with the user becoming an options seller and receiving a premium.
• Idle Liquidity Management: Unutilized liquidity resides in PancakeSwap v3 pools, potentially earning trading fees if the pool price remains within the liquidity range.
• Consistent Payoff: Selling options and providing liquidity in v3 pools generate identical IL or token balance, ensuring no increased risk compared to conventional liquidity provision methods.

Minimal Risks, Maximum Potential

流動性添加：使用者為 CLAMM 選擇權添加流動性，同時在其選擇的價格範圍內向指定的PancakeSwap v3 (CLAMM) 池做出貢獻。選擇權交易：當選擇權交易者建立部位時，從v3 池中提取流動性以促進選擇權出售，使用者成為選擇權賣方並獲得溢價。閒置流動性管理：未使用的流動性駐留在PancakeSwap v3 池中，如果池價格保持在流動性範圍內，則可能賺取交易費用。一致的回報：在v3 池中出售選擇權和提供流動性會產生相同的IL或代幣餘額，確保與傳統的流動性提供方法相比不會增加風險。最小的風險，最大的潛力

CLAMM options offer minimal risks to users, as liquidity may remain unutilized due to lower options buying demand. Additionally, liquidity is added to the pool in an inactive range, potentially resulting in no fee earnings.

CLAMM 選擇權為使用者提供的風險很小，因為由於選擇權購買需求較低，流動性可能仍未被利用。此外，流動性會在不活躍的範圍內添加到池中，可能會導致沒有費用收入。

A Paradigm Shift in DeFi

DeFi 的典範轉移

The PancakeSwap-Stryke collaboration is a significant leap forward in DeFi, providing users with diverse trading opportunities and elevating liquidity providers' fee-earning potential.

PancakeSwap-Stryke 的合作是 DeFi 領域的重大飛躍，為用戶提供了多樣化的交易機會，並提升了流動性提供者的獲利潛力。

"PancakeSwap's partnership with Stryke to launch CLAMM Options Trading marks a transformative moment in DeFi innovation," said Chef Mochi, Head of PancakeSwap. "Together with Stryke's cutting-edge options protocol, we are reshaping the landscape of decentralized finance, a significant leap forward providing new possibilities for users and liquidity providers alike."

PancakeSwap 負責人 Chef Mochi 表示：“PancakeSwap 與 Stryke 合作推出 CLAMM 選擇權交易標誌著 DeFi 創新的變革時刻。” “與 Stryke 的尖端期權協議一起，我們正在重塑去中心化金融的格局，這是一次重大飛躍，為用戶和流動性提供者提供了新的可能性。”

"We are thrilled to collaborate with PancakeSwap and leverage their deep liquidity in v3 pools," said TzTokChad, Founder of Stryke (formerly Dopex). "PancakeSwap's position as the leading BSC DEX opens up exciting new horizons for on-chain options trading for Stryke, expanding our products into new ecosystems."

Stryke（原 Dopex）創始人 TzTokChad 表示：“我們很高興與 PancakeSwap 合作，並利用他們在 v3 池中的深厚流動性。” “PancakeSwap 作為領先的 BSC DEX 的地位為 Stryke 的鏈上期權交易開闢了令人興奮的新視野，將我們的產品擴展到新的生態系統。”

About PancakeSwap

關於 PancakeSwap

PancakeSwap is a leading multichain decentralized exchange that operates on an automated market maker (AMM) model and is available across 9 chains: BNB Chain, Ethereum, Aptos, Polygon zkEVM, zkSync Era, Arbitrum One, Linea, Base, and opBNB. Launched in 2020, PancakeSwap is one of the most popular DEXs in the cryptocurrency industry due to its low transaction fees, high-speed trading, and user-friendly platform. With over $719 billion in total trading volume and $2.33 billion in total liquidity locked, PancakeSwap is the leading multichain DEX in the industry.

PancakeSwap 是一家領先的多鏈去中心化交易所，採用自動做市商(AMM) 模型運行，可跨9 條鏈使用：BNB Chain、Ethereum、Aptos、Polygon zkEVM、zkSync Era、Arbitrum One、Linea、Base和opBNB。 PancakeSwap 於 2020 年推出，因其低交易費用、高速交易和用戶友好的平台而成為加密貨幣行業最受歡迎的 DEX 之一。 PancakeSwap 的總交易量超過 7,190 億美元，鎖定的總流動性為 23.3 億美元，是業界領先的多鏈 DEX。

About Stryke (formerly Dopex)

關於 Stryke（原 Dopex）

Stryke (formerly Dopex) is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers, and maximize gains for option buyers — all in a passive manner. Using option pools, Stryke enables anyone to earn a yield passively by optimizing option prices across all strike prices and expiries through its innovative and state-of-the-art option pricing model.

Stryke（以前稱為Dopex）是一種去中心化選擇權協議，旨在最大限度地提高流動性，最大限度地減少選擇權賣方的損失，並最大限度地提高選擇權買方的收益——所有這些都是以被動的方式進行的。使用選擇權池，Stryke 使任何人都可以透過其創新和最先進的選擇權定價模型優化所有執行價格和到期日的選擇權價格，從而被動地賺取收益。

Media Contacts

媒體聯繫

PancakeSwap Team
Email: media@pancakeswap.finance

PancakeSwap 團隊電子郵件：media@pancakeswap.finance

Stryke Team
Email: press@stryke.io

Stryke 團隊電子郵件：press@stryke.io