Thetanuts Finance is a decentralized platform for trading options on different cryptocurrencies. It's designed for everyday users, making it simple to earn through various strategies.
Description
Here is how it works:
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Focus on Altcoin Options: Thetanuts allows users to buy and sell options, which are agreements to trade cryptocurrencies at set prices. This can be done for various altcoins (cryptocurrencies other than Bitcoin).
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Cross-Chain and Structured Products: It operates across different blockchain networks. Thetanuts offers Vaults, special accounts where users can apply different options strategies.
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User-Friendly: Created with ease of use in mind. It simplifies the process for users to earn yields (profits) and provides access to options trading.
In summary, Thetanuts Finance is designed to make trading in altcoin options accessible and simple, catering to users of all experience levels in the crypto world.
Funding
$17,000,000
$17,000,000
Venture Round
Led by Polychain. Other investors were RW3 Ventures, Magnus Capital, Hyperchain Capital.
$18,000,000
$18,000,000
Seed Round
Led by Three Arrows Capital, QCP Capital, Deribit, Jump Crypto. Other investors were Wintermute, Tribe Capital, Raptor Group, Mirana Ventures, Jump Crypto, GoldenTree Asset Management, DeFi Capital.