🛣️Welcome to Rysk

Rysk is the volatility yield layer of DeFi.

Rysk is a DeFi volatility yield protocol introducing a new on-chain primitive for covered calls and cash-secured puts. It makes option strategies accessible, enabling anyone to earn upfront premiums on any asset by setting a price they are willing to sell higher or buy lower. All positions are executed fully on-chain, transparently, with no liquidations or counterparty exposure.

Trades on Rysk are executed through a Request for Quote (RFQ) mechanism. Covered calls and cash-secured puts are priced by counterparties through a fast on-chain auction, and the best bid is displayed to the user. When the user confirms, the trade executes immediately on-chain and the premium is transferred directly to their wallet. Collateral remains locked in smart contracts with no access by external parties, and settlement at expiry is handled automatically by the protocol.

Rysk brings volatility yield fully on-chain with a design made for DeFi: transparent, composable, and open to anyone.

Key Features

  • Upfront Premiums: Receive option premiums instantly.

  • Multiple Strikes and Expiries: Choose strike and maturity to define yield and risk.

  • Multi-Asset Support: Works across ETH, BTC, HYPE, LSTs, LRTs and any supported asset.

  • Transparent Execution: Every position is on-chain, verifiable, and fully collateralized with no liquidation risk.

  • Fair Pricing: The RFQ system sources live quotes from multiple counterparties for efficient execution.

  • No Counterparty Risk: All collateral remains in Rysk smart contracts with no rehypothecation or counterparty access.

Rysk is currently live on HyperEVM mainnet

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