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Harness

Tokenize

Trade

Exploit

Tame

crypto

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crypto volatility image

latility

Embrace crypto volatility. Maximize your gains.

$4 Trillion +
Size of the "volatility" market in TradFi.
This market is virtually non-existent in crypto.
$250 BIL +
Estimated size of the “crypto volatility” market opportunity.
The Risk Protocol is pioneering this sector.

Programmable SMART Tokens

The Risk Protocol (TRP) is a pioneering DeFi primitive that tokenizes risk. Using a novel “splitting” mechanism, we create SMART tokens that are designed to harness crypto volatility.

These SMART tokens give users the ability to both dial-up or dial-down their exposure to volatility in an intuitive frictionless manner, with no margin calls and no liquidations. 


Traders can use our SMART Tokens to express a risk-on or a risk-off market view based on their risk appetite.

I am concerned about crypto volatility
am concerned about crypto volatility
want leverage without getting liquidated
want a floor on my downside
believe that prices are going to fall
believe that prices are going to rise
Consider RiskOFF SMART Token.
Consider RiskON SMART Token.
Consider RiskOFF SMART Token.
Consider RiskOFF SMART Token.
Consider RiskON SMART Token.
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How do SMART Tokens work?

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Split

Deposit any crypto and split it into 2 different flavors of risk – a low volatility RiskOFF SMART token and a levered RiskON SMART Token.

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swap

Keep the SMART token you want and swap out of the other.

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redeem

Redeem your original crypto at any time.

Illustrative Example

You deposit 1 ETH with The Risk Protocol. The ETH serves as collateral for issuing SMART Tokens.
TRP’s risk engine uses sophisticated quantitative models and synthetic options to split the 1 ETH into 2 SMART Tokens. Aggregate value of both SMART Tokens equals the underlying 1 ETH at all times.
Provides dampened volatility relative to ETH. Superior alternative to ETH in uncertain markets.
Provides levered exposure to ETH. Superior alternative to ETH in rising markets.
You receive both SMART Tokens. Each SMART Token is programmed to have a particular risk-return payoff.
Out of a single cryptocurrency, you have now created 2 different “risk flavors” - a dampened volatility version and a levered returns version.
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You keep the SMART token you feel comfortable with and swap out of the other. Over time, as market sentiment changes, swap actively between RiskON and RiskOFF to turbocharge returns and protect downside.
You can redeem the 1 ETH you originally deposited at any time by burning 1 RiskON ETH and 1 RiskOFF ETH.
Launch App
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Benefits of SMART Tokens

Outperform Underlying Crypto

Typically either RiskON or RiskOFF will outperform the underlying cryptocurrency in any period.

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Reflect Risk Mode

SMART tokens are an easy way for you to express your risk-on or risk-off market view. Dynamically picking the right SMART token can dramatically turbocharge returns vs. just holding the underlying crypto. 

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No Margin Calls, No Liquidations

With SMART tokens, you can “set it and forget it”. Max loss is known upfront and tokens are appropriately collateralized.

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Simplicity

SMART tokens abstract away the complexity of options – you simply pick the payoff you want. Basically, if the market is going up, you want to be in RiskON and if the market is uncertain, you want to be in RiskOFF.

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Perpetual

With SMART tokens there’s no need to roll over expiring derivative positions. You get automatically rebalanced at zero cost.

Launch App
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Features

Our dApp and what you can do with it.

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Spl

it

Tokenize risk. Mint SMART Tokens with unique risk/return payoffs.
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Swap

Exchange Smart Tokens. Access liquidity with ease on our risk marketplace.
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Redeem

Unlock your collateral.Redeem instantly at any time.
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Liquidity

Be a liquidity provider. Earn fees and rewards for supporting our liquidity pools.