🏎️Solution: Rysk V12

A New DeFi Primitive for Volatility Yield

In DeFi, core assets generate limited yield despite being the most widely held. Structured products built on options strategies such as covered calls and cash-secured puts are a proven way to earn income from volatility. Until now, these strategies have not worked on-chain at scale due to complexity, rigid designs, and the reliance on pooled vaults.

Rysk introduces a new on-chain primitive that brings these structured products fully on-chain. It combines collateralized settlement, transparent pricing, and automated execution in a model designed for DeFi. All positions are physically settled, fully collateralized, and executed end to end on-chain.

How Rysk Works

Rysk replaces vault-based execution with a live Request for Quote (RFQ) model. Each trade is priced through an on-chain auction between users selling volatility and counterparties buying it. Once confirmed, trades execute instantly and premiums are paid upfront in USD. Collateral is locked in Rysk smart contracts and settlement occurs at expiry.

No Vaults Each position is independent and settled individually, without pooled risk or predefined schedules.

Physically Settled and Fully Collateralized Collateral is locked per position, removing counterparty risk and ensuring deterministic outcomes.

Instant Premiums Premiums are paid immediately upon execution.

Composable Across DeFi The protocol supports multiple assets including ETH, BTC, HYPE, stables, LSTs and LRTs, making volatility yield accessible across ecosystems.

Fair and Transparent Pricing The RFQ model sources live bids for each trade, ensuring competitive and efficient execution.

What This Solves

Rysk provides the infrastructure layer for on-chain structured products. It allows any participant to access volatility yield with the benefits of DeFi such as transparency, composability, and full collateralization. By rebuilding options-based income strategies as composable primitives, Rysk transforms volatility into a sustainable source of real yield for DeFi.