{"type": "project", "title": "Moby, an On-chain AMM Options Protocol for Arbitrum", "logoImg": "bafkreibdora7qsycojnwan5zjjchrdmdhgprf7g7frq5r7u5szfcsm7say", "website": "https://moby.trade/", "bannerImg": "bafkreiho7t5drksoklssnn7hmr6actfv5j7rfwstronfajygyj6axsouri", "createdAt": 1708678719411, "userGithub": "moby-dev02", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..ctZ8Iy-xxQ4mvNr7dohkPVWScVD5Uo5rE-OHxR-w_Sp7HOBoZPz09RUbbM-JBZtDgyTqAS7zXu0k1GscPJP6BA", "type": "Ed25519Signature2018", "created": "2023-11-08T14:39:19.993Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-08T14:39:19.993Z", "expirationDate": "2024-02-06T14:39:19.993Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x205379bF5DA83d56A41a65D580572cdB0ec64158", "hash": "v0.0.0:PZp7cJTFdvd7YLWjz5cJ5NxRMNNHkYPL0u1rgMFyLU0=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#moby-dev-team#145632328"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..6FkrjIC-M84eWZkH7lrGzSld4jyaArjf00VLmKp3OMEWA4z-_9oSqGRxBp6KYeIZTU1Ol9LndKLanZZb3QuDAw", "type": "Ed25519Signature2018", "created": "2023-11-08T13:54:09.755Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-08T13:54:09.755Z", "expirationDate": "2024-02-06T13:54:09.755Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x205379bF5DA83d56A41a65D580572cdB0ec64158", "hash": "v0.0.0:nD+HSLVx6EKoWp6CFS6L9uEv1gVzFqZtG0QzZurJ7/Q=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#Moby_trade"}}}, "description": "<Overview>\n\nMoby is an on-chain options protocol backed by its own pioneering Synchronized Liquidity Engine (SLE) model to drive the next narrative for DeFi. \n\nIt is the first-ever on-chain options protocol to bring real-time accurate options pricing, narrowest spread in the market, maximum liquidity, and Robinhood-class UI/UX. It is also the first-ever options protocol to receive the Arbitrum Foundation Grant prior to mainnet launch.\n\n<On-chain Options: Demand is Here, Supply is Not>\n\nMultiple sources point to the growth potential for on-chain options: \n\n\u2022 Open interest for BTC & ETH options surpassed that of futures for first time in 2023 \n\u2022 Historic market data implies a 118X growth for the on-chain options market \n\u2022 Tokenized asset market expected to reach $16 trillion by 2030 (source: BCG, ADDX) \n\u2022 30% of options vol. in US led by retail traders after Robinhood app introduces options trading\n\nDespite the significant growth potential, the market does not have a \u201csupplier\u201d that satisfies demand and thus has been unable to experience a full take-off / adoption for crypto options:\n\n\u2022 CEX: Market maker renders thick spread and thus unfavorable environment for retail traders \n\u2022 DEX: Inability to derive real-time accurate price and poor capital efficiency hinder adoption \n\n<Moby: an Options Protocol to Lead Next DeFi Meta>\n\nMoby\u2019s mission since day 1 has been to effectively address core issues in the market and establish standards for on-chain options. \n\nSome of its distinctive approaches include the following: \n\n\u2022 Radically reduced trade cost and Greeks risk with Dynamic Spread (Risk Premium) Model\n\u2022 Real-time accurate options pricing via Synchronized Liquidity Engine (SLE)\n\u2022 Unparalleled capital efficiency (~ 180X higher vs. existing DEXs)\n\u2022 No liquidation, Ultra high leverage (~1,000X)\n\u2022 Infra scalability to areas such as lending, perp options, structured products, RWA \n\n<Appendix>\n\nFor more information, please refer to the following sources:\n\u2022 Website: https://moby.trade/\n\u2022 Discord: https://discord.com/invite/neJMg9P4Ps \n\u2022 Docs: https://docs.moby.trade/overview/abstract \n\u2022 Medium: https://medium.com/@moby_trade", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "moby-dev-team", "projectTwitter": "Moby_trade"}
Moby, an On-chain AMM Options Protocol for Arbitrum
<Overview>

Moby is an on-chain options protocol backed by its own pioneering Synchronized Liquidity Engine (SLE) model to drive the next narrative for DeFi. 

It is the first-ever on-chain options protocol to bring real-time accurate options pricing, narrowest spread in the market, maximum liquidity, and Robinhood-class UI/UX. It is also the first-ever options protocol to receive the Arbitrum Foundation Grant prior to mainnet launch.

<On-chain Options: Demand is Here, Supply is Not>

Multiple sources point to the growth potential for on-chain options: 

• Open interest for BTC & ETH options surpassed that of futures for first time in 2023 
• Historic market data implies a 118X growth for the on-chain options market 
• Tokenized asset market expected to reach $16 trillion by 2030 (source: BCG, ADDX) 
• 30% of options vol. in US led by retail traders after Robinhood app introduces options trading

Despite the significant growth potential, the market does not have a “supplier” that satisfies demand and thus has been unable to experience a full take-off / adoption for crypto options:

• CEX: Market maker renders thick spread and thus unfavorable environment for retail traders 
• DEX: Inability to derive real-time accurate price and poor capital efficiency hinder adoption 

<Moby: an Options Protocol to Lead Next DeFi Meta>

Moby’s mission since day 1 has been to effectively address core issues in the market and establish standards for on-chain options. 

Some of its distinctive approaches include the following: 

• Radically reduced trade cost and Greeks risk with Dynamic Spread (Risk Premium) Model
• Real-time accurate options pricing via Synchronized Liquidity Engine (SLE)
• Unparalleled capital efficiency (~ 180X higher vs. existing DEXs)
• No liquidation, Ultra high leverage (~1,000X)
• Infra scalability to areas such as lending, perp options, structured products, RWA 

<Appendix>

For more information, please refer to the following sources:
• Website: https://moby.trade/
• Discord: https://discord.com/invite/neJMg9P4Ps 
• Docs: https://docs.moby.trade/overview/abstract 
• Medium: https://medium.com/@moby_trade
Moby, an On-chain AMM Options Protocol for Arbitrum