what's rysk finance?
Rysk Finance is a decentralized finance (DeFi) protocol focused on providing accessible volatility yield and options trading on-chain. It enables users to engage in strategies such as covered calls and cash-secured puts without traditional counterparty risks or liquidations, leveraging automated market makers and multi-expiry options to facilitate upfront yield generation. The protocol operates on blockchain networks, emphasizing capital efficiency and permissionless access to derivatives. Users can participate in points-based systems for earning yields on assets during periods of market volatility, with features like multi-expiry dates allowing flexibility in trading horizons. By design, Rysk prioritizes stability and security, ensuring no liquidations even in volatile conditions, making it suitable for yield-seeking participants in the DeFi ecosystem.
Rysk Finance offers APR opportunities by choosing entry prices on BTC, ETH, and other assets.
Links
x.com/ryskfinanceFeatured in a daily crypto market roundup covering liquidity strategies, where the platform is highlighted for offering APR opportunities by choosing entry prices on BTC, ETH, and other assets.
Included in Panoptic's DeFi Options Landscape Report (2025) analyzing the current state of onchain options markets alongside five other protocols.
The platform reaches $150m in total trade volume.
kHYPE becomes the largest non-stable collateral type accepted on the platform.
The platform now supports liquid staking tokens.
Users can now write HYPE and UBTC puts denominated in USDH on the platform.
The project is listed among those yet to conduct a Token Generation Event, with an expected timeline of 2026.
Derive positions itself as a competitor offering better pricing than current altcoin options providers including Rysk, citing lack of market transparency and 80 implied volatility point spreads in bilateral deals.
1,323 wallets have used the protocol on HyperEVM and a points campaign is active.
The platform supports additional tokens including ETH, PUMP, BTC, PURR, and Solana for option writing beyond the previously known HYPE, kHYPE, and USDT0.
TVL reaches $23M on HyperEVM deployment, focusing on covered calls and cash-secured puts for retail yield generation.
The V12 engine feature allows users to exit covered calls at any time and receive premiums upfront instead of waiting until expiry.
A user reports earning $53,835.91 USDT on the platform since August through selling covered calls and cash-secured puts on $HYPE / $kHYPE tokens.
Cash-secured puts on USDT0 go live, with a user reporting 106.97% APR in upfront premium.
Active airdrop farming opportunity available for Rysk.
$XPL token appears to be launching for options trading, with both covered calls and cash-secured puts becoming available on the platform.
Business development event with FalconXGlobal and attendees including Wintermute market maker and Monad blockchain representatives indicates expanding institutional and cross-chain partnership opportunities.
User reports $200k in cash-secured put sales generating 23,714.18 points, with positions expiring September 26th.
HYPE covered calls are now live and actively tradeable with specific strike prices and premium rates being quoted by traders.
PT-kHYPE covered calls product announced as coming soon.
Cash secured puts feature added to options protocol, expanding trading capabilities beyond covered calls.
Expands product suite with gamified interface, 0DTE options, and Pokedex-style NFTs
New cash-secured put options feature launches, allowing users to earn premiums for setting ETH and HYPE buy orders
New integration with Kinetiq platform enables staking while supporting covered call options trading from $44.50-$47.50.
Active impersonation alert: Fake co-founder identified on Ethos Network
V12 launches on Hyperliquid, enabling volatility yield features
Options protocol integrates with Hyperliquid, enabling volatility and staking yield through kHYPE collateral.