PancakeSwap 和 Stryke 通过突破性的 CLAMM 期权交易彻底改变 DeFi

PancakeSwap 和 Stryke 合作推出了 CLAMM 期权交易，通过将 PancakeSwap 的平台与 Stryke 的期权协议合并，在 DeFi 领域取得了突破。美式期权在 Arbitrum 上首次亮相，提供不同的到期期限和市场，例如 ARB/USDC。这种合作提高了流动性提供商的盈利潜力，并为用户提供了突破性的交易机会。

PancakeSwap and Stryke Revolutionize DeFi with Groundbreaking CLAMM Options Trading

PancakeSwap 和 Stryke 通过突破性的 CLAMM 期权交易彻底改变 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.

世界标准时间 2024 年 4 月 8 日上午 9:00 - 领先的去中心化交易所 (DEX) PancakeSwap 与 Stryke（前身为 Dopex）合作推出 CLAMM（集中流动性自动做市商）期权交易，这是一项重新定义 DeFi 格局的变革性创新。此次战略合作将 PancakeSwap 强大的平台与 Stryke 的尖端期权协议相结合，为交易者和流动性提供商等开启了一个充满新可能性的世界。

CLAMM Options: Unleashing Trading Versatility

CLAMM 期权：释放交易多功能性

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 期权在 Arbitrum 网络上推出，提供无与伦比的灵活性，具有多种到期时间（1、2、12 和 24 小时期权）以及广泛的市场，包括 ARB/USDC、ETH/USDC 和 wBTC/美国发展中心。这些期权有看涨和看跌两种类型，利用基于 v3 池报价的执行价格。为了最大化回报，用户可以在平仓前行使头寸，以避免实值期权到期而变得毫无价值。该平台还提供自动行权功能，在到期时自动执行利润实现过程。

CLAMM Options: Transforming Liquidity Dynamics

CLAMM 期权：改变流动性动态

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 期权协议由 Stryke 团队精心打造，引入了突破性的双重流动性提供系统，为期权交易者和 PancakeSwap v3 矿池提供支持。它的运作方式如下：

• 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

流动性添加：用户向 CLAMM 期权添加流动性，同时在其选择的价格范围内向指定的 PancakeSwap v3 (CLAMM) 池做出贡献。 期权交易：当期权交易者建立头寸时，从 v3 池中提取流动性以促进期权出售，用户成为期权卖方并获得溢价。闲置流动性管理：未使用的流动性驻留在 PancakeSwap v3 池中，如果池价格保持在流动性范围内，则可能赚取交易费用。一致的回报：在 v3 池中出售期权和提供流动性会产生相同的 IL或代币余额，确保与传统的流动性提供方法相比不会增加风险。最小的风险，最大的潜力

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 期权为用户提供的风险很小，因为由于期权购买需求较低，流动性可能仍未得到利用。此外，流动性会在不活跃的范围内添加到池中，可能会导致没有费用收入。

A Paradigm Shift in DeFi

DeFi 的范式转变

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 领域的一次重大飞跃，为用户提供了多样化的交易机会，并提升了流动性提供商的盈利潜力。

"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 负责人 Chef Mochi 表示：“PancakeSwap 与 Stryke 合作推出 CLAMM 期权交易标志着 DeFi 创新的变革时刻。” “与 Stryke 的尖端期权协议一起，我们正在重塑去中心化金融的格局，这是一次重大飞跃，为用户和流动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）创始人 TzTokChad 表示：“我们很高兴与 PancakeSwap 合作，并利用他们在 v3 池中的深厚流动性。” “PancakeSwap 作为领先的 BSC DEX 的地位为 Stryke 的链上期权交易开辟了令人兴奋的新视野，将我们的产品扩展到新的生态系统。”

About PancakeSwap

关于 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 是一家领先的多链去中心化交易所，采用自动做市商 (AMM) 模型运行，可跨 9 条链使用：BNB Chain、Ethereum、Aptos、Polygon zkEVM、zkSync Era、Arbitrum One、Linea、Base 和 opBNB。 PancakeSwap 于 2020 年推出，因其低交易费用、高速交易和用户友好的平台而成为加密货币行业最受欢迎的 DEX 之一。 PancakeSwap 的总交易量超过 7190 亿美元，锁定的总流动性为 23.3 亿美元，是业内领先的多链 DEX。

About Stryke (formerly Dopex)

关于 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（以前称为 Dopex）是一种去中心化期权协议，旨在最大限度地提高流动性，最大限度地减少期权卖方的损失，并最大限度地提高期权买方的收益——所有这些都是以被动的方式进行的。使用期权池，Stryke 使任何人都可以通过其创新和最先进的期权定价模型优化所有执行价格和到期日的期权价格，从而被动地赚取收益。

Media Contacts

媒体联系

PancakeSwap Team
Email: media@pancakeswap.finance

PancakeSwap 团队电子邮件：media@pancakeswap.finance

Stryke Team
Email: press@stryke.io

Stryke 团队电子邮件：press@stryke.io