Stormbit
Structured options-backed credit. Borrowers take USDC loans against BTC or ETH at 0% APR, each loan settles on a listed option expiry, with no liquidation along the way. Lenders fund those loans and earn the option premium each loan generates, yield priced at origination, paid from inside the trade.
Lenders
Section titled “Lenders”Deposit USDC, receive soUSD. Yield comes from the call premium written on every loan’s collateral, priced at trade entry, uncorrelated to Fed rates. Tenors with a floor mechanism.
Borrowers
Section titled “Borrowers”Post BTC or ETH, receive USDC. 0% APR, settled at the expiry you choose, no liquidation. The trade-off is explicit: your upside is capped at the call strike until settlement.
Buy discounted collateral from expired loans. Dutch auction, price drops over time, first buyer wins.
New to Stormbit? Options-Backed Credit → How It Works → Earn