A new chapter for Stryke’s CLAMM, begins now.
For more than five years we have built a platform for trading onchain options that traders & liquidity providers trust. Stryke’s CLAMM has stood the test of time and returns with stronger security and new features.
We paused CLAMM for a short period as a precaution.
During this time we worked with leading auditors to strengthen smart contract security and refined CLAMM with upgrades that matter to both traders and liquidity providers.
What’s New?
Stronger Security
Protecting your capital is our first priority whether you trade options or provide liquidity. CLAMM has passed comprehensive third party audits and rigorous internal testing. We added enhanced protections against price manipulation and front running.
Secure transaction flows now keep every purchase or liquidity addition safe.
Product Updates
Here’s a summary of the latest improvements shaped by community feedback.
1. Fixed Expiries
- Daily options now settle at 08:00 UTC every day.
- Weekly options now settle at 08:00 UTC every Friday.
- A blackout period starts at expiry and lasts for two hours so liquidity providers can adjust positions without interruption. Trading resumes after this window.
2. Anytime Withdrawals
- Liquidity providers can withdraw whenever liquidity is available.
- A short daily pause and a weekly pause guarantee a clear withdrawal window.
3. New Earn Page
- Buying and depositing flows are now separated.
- The new earn page shows only the information liquidity providers need.
- Traders can expand and collapse trade positions for a clearer view.
4. Premium Distribution
- Premium is now distributed more efficiently and is simple to claim.
- All calculations run offchain and users can collect rewards in the app with a single click.
- User earnings update every 24 hours at 08:00 UTC plus a two hour buffer, and claims are available only after the update shows a balance.
- Premium rewards depend on how much liquidity you provide and how long it stays active.
- If your liquidity is used and you withdraw while a new deposit of equal or greater size arrives, your share is considered forfeited until you redeposit.
- The longer and more efficiently you keep liquidity in the market, the more premium and swap fees you earn.
- Swap fees follow the same distribution method used by major DEXs but are also influenced by your deposit amount and time in the pool.
5. UI Improvements (For Traders & LP’s)
- Liquidity providers now have a dedicated page with clear visuals and detailed controls to manage and optimize positions.
- For traders the interface offers two easy views. Options Chain mode lets you browse and select contracts. Price Chart mode focuses on live price movements.
- You can switch between these modes at any time.
- A single positions table shows every open trade, grouped by market and expiry, for quick review.
Note: At launch, only the WETH and WBTC markets are live, with additional markets to follow.
What’s Next
More features are on the way.
Anytime deposits with fixed withdrawals will make CLAMM even more flexible and fair for every type of trader. Expanded markets and new tools will open fresh opportunities to trade and profit with options onchain. Stryke keeps moving forward. CLAMM is back.
About Stryke
Stryke is a decentralised options protocol that focuses on maximising liquidity and enhancing gains for option buyers while minimising losses for option writers—all in a passive approach.Stryke employs option pools that enable anyone to effortlessly earn yield. The protocol provides value to both option sellers and buyers by ensuring equitable and optimised prices for options at various strike prices and expiries, achieved through our proprietary, cutting-edge option pricing model designed to mirror volatility smiles.
📱 Stay Connected
Stay informed by following our official social media accounts and visiting our website to keep up with all things Stryke.
🚨 IMPORTANT
Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Stryke.
