Stryke
SYK
Decentralized on-chain options trading protocol
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.54% | 13.75% | 82.59% | 170.45% | 318.05% | 11.41% |
Comparison
Fundraising not disclosed
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Details
This content is generated by RD AI and is for reference only
Stryke is a decentralized on-chain options trading protocol that evolved from Dopex, focused on options products and liquidity provision. Its core mechanism, CLAMM (Concentrated Liquidity Automated Market Maker), is based on Uniswap V3's range-based liquidity design , allowing liquidity providers to allocate capital within specific price ranges and earn swap fees and option premiums; unused liquidity can be automatically deployed for options. Traders can mint and exercise American-style options at any time via the OptionMarket contract, with markets such as ETH/USD and BTC/USD on Arbitrum. The protocol uses LayerZero and Chainlink CCIP for cross-chain interaction and includes protections against price manipulation and front-running. Users manage ranges through the LP interface, or browse and execute trades via options-chain and price-chart modes.
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About Stryke
Stryke is an on-chain options protocol built on the foundation of Dopex, featuring a CLAMM (Concentrated Liquidity Automated Market Maker) mechanism. Its core business includes options trading and liquidity provision, offering daily and weekly options with fixed expiry times (08:00 UTC), supporting cross-chain trading via LayerZero and Chainlink CCIP, and currently live on the Base network with markets such as WETH, WBTC, BOOP, DEGEN, and BRETT.
The core competitiveness lies in the CLAMM model, which combines AMM with options pricing to allow liquidity providers to passively earn premiums while giving traders a more efficient price discovery mechanism. The protocol also optimizes the experience for both option buyers and sellers, with features like automated settlement and flexible withdrawal windows.
Stryke addresses key market pain points: fragmented liquidity in on-chain options, high barriers to entry for traditional options trading, and poor user experience in cross-chain operations. By integrating cross-chain infrastructure and a user-friendly interface, it lowers the participation threshold.
In the past six months (March to September 2026), Stryke relaunched its CLAMM after a security pause, strengthening smart contract audits and adding anti-manipulation protections. It also introduced the xSYK staking token, launched the BOOP/WETH market in June 2026, and expanded to Base with DEGEN and BRETT trading pairs. However, the SYK token has experienced significant price volatility, dropping over 96% from its all-time high of ¥1.50 in December 2024 to ¥0.0447 in June 2026.
Founder: Tztok-Chad (Twitter: https://x.com/tztokchad). No reliable public information available for other co-founders or core executives.