Grid Options for crypto.
Pick a price range and a time window on the chart. If the price trades in that range during that window, each share pays $1. Every trade is fully collateralized in USDC and settles onchain.
Live on Sui mainnet. View the exchange contract
How it works
A Grid Option is one square on the price chart: a price range over a time window. It asks one question, whether the price trades inside that range during that window, and pays $1 per share if it does and nothing if it doesn't. The most you can lose is what you paid.
- Choose a market and a window. 1-minute, 5-minute, 1-hour and 1-day windows on Bitcoin and Ether.
- Choose a price range. Each range has a bid and an ask on the order book; the price is the market's view of how likely it is.
- Settle onchain. When the window closes, the contract settles against exchange price data and pays out in USDC.
The terms
- Markets
- BTC and ETH
- Windows
- 1 minute, 5 minutes, 1 hour and 1 day
- Payout
- $1 per share if the price trades in the range
- Collateral
- $1 of USDC per share, locked onchain when the trade happens
- Fees
- 0.00% maker, 0.30% taker
- Custody
- Your own Sui wallet, through Google or Apple sign-in (zkLogin). Orders are signed on your device.
- Prices
- Coinbase spot. Methodology
Contracts
Positions, collateral and settlement live in a public Move contract on Sui, so anyone can check them.
- Exchange
- 0xce8d89755c389560ae472dff248f0cb9a4f9142ba907f8fd9c721d9df30edeec
Suiscan - Move package
- 0x60f883f926a6b3372285d8e0fccb236f6e126b964210ccfcd82af5836f7a8ed7
Suiscan - Interface
- Move types, signed message formats and functions. GitHub
- Trading API
- REST and WebSocket, with a Rust client and a Nautilus Trader adapter. GitHub
Contact
For market makers, integrators, data providers and sponsors.
support@paramx.xyz