BTC covered calls
Post BTC against a defined notional and earn a market-set premium in exchange for upside above the strike during the contract term.
Options Vaults · BTC/USD options
Structure BTC/USD options with defined collateral and settlement
Options Vaults coordinate market-maker quotes, collateral, and maturity settlement for BTC/USD calls and puts.
Begin with writer-led option strategies
The first series give writers a defined strike, maturity, collateral asset, and payoff while market makers take the long side. Later series can reverse those roles, allowing buyers to take long BTC/USD call or put positions priced by participating market makers.
USD-secured puts
Post USD-denominated collateral and earn premium against the obligation created below a chosen BTC/USD strike.
Limited BTC puts
Write a put with BTC collateral and cap the writer's loss at the BTC posted, in exchange for a lower premium than a regular put.
Product mechanics
A defined path from quote to settlement
The initial product design uses European-style exercise, a limited menu of strikes and maturities, and non-transferable contracts between each writer and market maker.
- 01
Choose a series
Select the option structure, strike, maturity, and collateral amount from the series configured for quotation.
- 02
Accept an RFQ quote
A market maker prices the risk. The writer signs against the selected quote, and the trade completes when the premium and collateral are in place.
- 03
Allocate collateral at maturity
Approved BTC/USD price inputs determine the payoff, and the contract allocates the posted collateral between the writer and market maker.
Next step
What completes the product
Each series depends on participating market makers and approved oracle inputs. USD-secured puts also require a suitable stablecoin for collateral.
Ark Labs supplies the product architecture, software, integrations, and support. Market participants supply pricing and risk capital, while product partners retain custody, distribution, and the customer relationship.