Stryke
SYKDecentralized on-chain options trading protocol
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.11% | 0.03% | 1.52% | 35.81% | 682.32% | 11.41% |
Revenue & Burn
Protocol income
$186.51Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $186.51 | -- | -- | -- |
| Oct 2026 | $205.19 | -- | -- | -- |
| Sep 2026 | $0 | -- | -- | -- |
| Jan 2026 | $0 | -- | -- | -- |
| Dec 2025 | $0 | -- | -- | -- |
| Nov 2025 | $0 | -- | -- | -- |
Comparison
Fundraising
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Arbitrum One: L1 ERC20 Gateway (0eec) | ![]() SYK | 458,304.56 | 91.66% | $13.26K |
| 0xb868...ea7e | ![]() SYK | 19,315.32 | 3.86% | $558.84 |
| Tztok-Chad (4535) | ![]() SYK | 9,384.74 | 1.88% | $271.52 |
Follow Updates
Follow Lists
People
About Stryke
Stryke is a decentralized options protocol, formerly Dopex, deployed mainly on Arbitrum. It offers two structures: single staking option vaults where users deposit one asset and sell options against it to earn premiums, and Atlantic options that let a put be used as collateral, building leverage while holding spot. Concentrated liquidity options were added later, combining market making with options.
It addresses complex pricing and fragmented liquidity in on-chain options, where order books struggle to hold depth while vaults automate market making. The cost is a narrower strategy space, with vault yields swinging widely with volatility and demand. Such products were a hotspot in 2021 and 2022 before demand shifted to perpetuals and lending; locked value has shrunk sharply from its peak to roughly USD 160,000 to 190,000 in 2026, with about USD 411 million in cumulative notional volume, leaving the protocol marginal.
Stryke has expanded its SYK token to the Base chain, with the bridge service implemented via LayerZero for secure cross-chain transfers, and the liquidity pool launched on the Aerodrome platform. This development follows the growth pace of the Base ecosystem, forming a progressive relationship with the existing xSYK governance system on Arbitrum, jointly advancing liquidity construction and user participation in the cross-chain options market.
Stryke has also launched DEGEN and BRETT options trading pairs on the Base chain, while relaunching the CLAMM platform. After comprehensive third-party audits and internal testing, the platform added features such as fixed expiry settlements, anytime liquidity withdrawals, a new earnings page, and efficient premium distribution, significantly improving the experience and capital efficiency for traders and liquidity providers. Users can earn fees and premiums by providing liquidity or purchase options for trading.
Tztokchad — Founder and core developer; pseudonymous builder who began developing the Dopex options protocol in 2019 and led its 2024 rebrand to Stryke with the CLAMM model.
Witherblock — Core developer; pseudonymous, works on protocol contracts and the CLAMM engine.
Stryke levies its protocol fee solely on option purchases through CLAMM, charged at 15% of the premium paid, with all of that revenue directed to protocol development and ecosystem growth.

