INSTRUMENTS
Core Shordex hedging instruments - inverse ERC20 tokens encapsulated with Trustless Liquidity Engine. Flagship inverse token - Shortbit, short to Bitcoin.
GLOBAL ASSETS
VARIOUS UNDERLYINGS
Inverse Token can be issued to any underlying representing a global 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
L2 DERIVATIVES
ADVANCED HEDGING
Advanced derivatives built on top of Inverse Token
SHORTBIT
Inverse Token addressing key crypto risks. Deterministic hedge of high precision offers unparalleled protection against Bitcoin risks.
Shorting
Shortbit is the most efficient shorting instrument. Minimal cost without expiration and liquidation. Maximum capital efficiency due to absense of collateral.
Hedging
Hedging with Shortbit is unparalleled - develop portfolio wiht any Delta and capitalize on positive gamme. Capture Impermanent Gain via automatic rebalancing.
Staking
Velocity-first ideology and volatility-based fees ensure permanent staking return. No locks, immediate rewards claining.
Market making
Special status and guaranteed margins for market makers, further volumes-based boost returns at rollout phase.
BEST OF ITS KIND
| 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 | ultra | low | medium to low | high | medium |
| Slippage | none | very high | high | very low | medium |
| Transaction cost | 0.1%-0.8% | ~0.1% | 0.25%-1.5% | ~0.06% | volatility-based premium + ~0.03% |
| Time-based cost | duration-dependent sell fee | management & rebalancing fee | management & rebalancing fee | funding rate | none |
| Volatility resistance | volatility agnostic | not resistant | not resistant | not resistant | resistant |
| Scalability | native | 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.