Paraflux
Trade Volatility. Not Just Price.
Power perps. Options. Variance swaps. A tradeable VIX. Nine assets. One vol oracle. One platform.
4
Instruments
9
Assets
5
Asset Classes
24/7
Trading
What You Want. What Exists. What We Built.
Leverage that rewards conviction. Protection without complexity. Yield from every corner of the market.
Leverage That Gets Better on Big Moves.
Regular perps give you 3x. Paraflux gives you 3x that accelerates — the bigger the move, the more you make. Same collateral, same risk, better payoff on the trades that matter.
Hedge Anything. One Click.
Protect your HYPE, your GOLD, your TSLA position — set a price floor and walk away. No options expertise needed. No OTC desk. No phone calls. The protocol builds the hedge for you.
Earn From Every Trade. Every Product.
Deposit USDC. Earn fees from leveraged traders, options premiums, variance swaps, and VIX positions — all in one vault. Idle capital earns lending yield on top. One deposit, four revenue streams.
Your Conviction Should Be Rewarded.
Regular leverage pays the same per dollar of movement. Paraflux pays more the more you're right — HYPE doubles, you more than 4x.
Convex vs Linear payoff
Try any HYPE move
HYPE Price Change
+10%
At +10%, Paraflux 2x returns +42.0% vs +20.0% on a regular 2x perp — same leverage, 110% more profit.
Trade the Move. Earn the Yield.
For Traders
Leverage that pays more when you're right
Long HYPE, GOLD, TSLA, or any of 9 assets. Your returns accelerate on big moves — not just 3x, but 3x that compounds. No strikes to pick. No expiry. Just pick a direction.
Open a PositionFor Hedgers
Protect any position. One click.
Set a price floor on your HYPE, GOLD, or TSLA. The protocol builds the hedge — puts, collars, or crash insurance. You see a cost and a button. Options, spreads, and defined-risk strategies also available for pros.
Protect a PositionFor LPs
Deposit Once. Earn Continuously.
Deposit USDC. Earn from every trade on the platform — leveraged positions, options, vol swaps, and VIX. Four revenue streams, one vault, automatically hedged. Idle capital earns lending yield on top.
Deposit USDCWhere We're Going
The full product suite is built and tested. Here's what comes next.
Now — Testnet Live
The Full Stack. Already Built.
Power perps, options with American exercise, variance swaps, VIX token, bilateral CLOB, 9-asset vol oracle, structured vaults, automated delta-hedging, institutional dark pool. All live on HyperEVM testnet.
Next — Mainnet
Full Product Suite on Mainnet
Power perps, options, variance swaps, and VIX token live on mainnet. Points program for early depositors. Seed liquidity and community bootstrap.
Phase 3 — Multi-Asset
Every Asset Gets a Vol Market
ETH², BTC², SOL² via shared LP vault. GOLD², SILVER², NASDAQ² via HIP-3 precompile. CoreWriter delta-hedge for LPs. Instant deployment for new markets.
Phase 4 — The Complete Volatility Layer
Institutional Infrastructure
Encrypted dark pool for institutional block flow. Cross-product margining across power perps, options, and variance swaps. Off-chain matching with ZK-proven settlement. Portfolio margining for capital-efficient hedging.
Live On-Chain Volatility
9 assets. 5 asset classes. Computed natively on HyperEVM. No Chainlink. No Pyth. The only on-chain vol surface in DeFi.
Multi-Asset Volatility Surface
On-chain realized variance — 9 assets, 5 asset classes
First fully on-chain realized variance oracle in DeFi. Updated every 5 minutes. No Chainlink. No Pyth. Computed natively on HyperEVM.
Risk Disclosure
Paraflux is an experimental DeFi protocol. Smart contracts are immutable and have only been internally audited — no external audit has been performed. Use at your own risk.
Power perpetuals have a squared payoff — this amplifies both gains and losses. Variance swaps carry unbounded upside risk for short vol positions. Combined with leverage, losses can exceed your initial collateral.
Options buyers risk losing 100% of the premium paid. Options writers face potentially unlimited losses on uncovered positions.
Positions below the maintenance margin are liquidated automatically. Funding payments accrue continuously and can erode collateral over time.