Arrow Markets

Arrow Markets

Arrow Markets is a hybrid Web3 options trading platform on the Avalanche blockchain. It utilizes a Request for Quote (RFQ) system, allowing traders to get quotes from multiple market makers for cash-settled options. The platform combines the efficiency of centralized systems with the transparency and self-custody of on-chain operations, catering to both beginner and advanced traders.
Distributed

Description

Arrow Markets is an on-chain options trading platform built on the Avalanche C-chain, designed to merge the efficiency of centralized systems with the transparency and self-custody of decentralized finance. Its core feature is a Request for Quote (RFQ) system, where traders can request quotes from a network of market makers with a single click, ensuring competitive pricing. All contracts are created and settled on-chain, with settlement triggered by Chainlink Automation nodes. The protocol supports cash-settled options for both on-chain and off-chain underliers, enabling users to customize and combine various option strategies like call spreads and put spreads while maintaining full control of their assets. The platform also provides educational resources for traders of all levels. The founding team has backgrounds in financial economics from institutions such as Cornell's Initiative for CryptoCurrencies and Contracts (IC3) and UCLA.

Grant Funding

VC Funding

None
2024

$0

$4M