INSTRUMENTS
Core Shordex hedging instruments - inverse ERC20 tokens encapsulated with Trustless Liquidity Engine. Flagship inverse token - Shortbit, short to Bitcoin.
TESLA
VARIOUS UNDERLYINGS
Inverse Token can be issued to any underlying asset with trusted price feed
INVERSE TOKEN
CORE INSTRUMENT
Token with inverse pricing to underlying offering gamma-positive continuous hedge, supported by native ultra deep liquidity
STAKING
PASSIVE RETURN
Shordex fees are directed into staking contract to allow for passive return on Inverse Token
DERIVATIVES
ADVANCED HEDGING
Advanced derivatives built on top of Inverse Token
SHORTBIT
INVERSE TO BITCOIN
Inverse Token addressing key crypto risks. Deterministic hedge of high precision offers unparalleled protection against Bitcoin risks.
Hedging
Hedging with Shortbit is unparalleled - positive gamma allows to simply hold Inverse Token to hedge your exposure to Bitcoin. Balance your portfolio accordingly to ensure Delta anywhere between 1 and -1.
Staking
Volatility-based fees and velocity-first ideology of Shordex establish robust basis for staking earnings. No limitations are applied to your staking deposit - claim rewards and withdraw your deposit at any time.
Market making
Shordex has a very special story for Shortbit market makers, especially at the initial stage. Boost incentives coupled with new arbitrage opportunities offer excellent economics - get in touch with us to know the details!
BEST OF ITS KIND
COMPETITIVE LANDSCAPE
| Parameter | Shortbit | Lev. Tokens | ETFs | Perp Swaps | Options |
|---|---|---|---|---|---|
| Liquidation risk | none | very high | none | very high | none |
| Counterparty risk | none | high | high | high | high |
| Hedging precision | ~0.1% | ~3%-15% (up to 300%) | ~5%-20% | ~0,01% | USD 5000 ticks |
| Liquidity depth | very high | low | medium to low | high | medium |
| Slippage | none | very high | high | very low | medium |
| Transaction cost | ~0.04% | ~0.1% | 0.25%-1.5% | ~0.06% | volatility-based premium + ~0.03% |
| Time-based cost | none | management & rebalancing fee | management & rebalancing fee | funding rate | none |
| Volatility resistance | volatility agnostic | not resistant | not resistant | not resistant | resistant |
| Scalability | high | limited by collateral | limited by assets | high | medium |
OPEN SOURCE
Shordex.io is developed to become DeFi standard setter for hedging platforms. It is to offer ultimate transparency and decentralization - all its contracts are to be published and verified once they are audited.
EXPERT OPINIONS
As an innovator, Shordex.io capitalizes on invaluable expertise of high-profile financial and risk professionals. Such counseling allows to address hidden risks and avoid inefficiencies while developing a truly innovative product.
AUDITED CONTRACTS
Compliance to ERC20 standard implies extensive Shortbit audits to ensure its smooth and full-fledge performance within established services. Shortbit contracts are to get at least 3 high-profile independent audits.
FORMAL VERIFICATION
Non-standard and more complicated nature of Shortbit contract implies that a special attention is paid to its math fundamentals. Formal verification is to cover this critical area through extensive modeling and formal proof of underlying assumptions.