Contract specifications
Instrument names follow one pattern:
BTC_USDC-16MAR20-100000-C breaks down as:
Documentation Index
Fetch the complete documentation index at: /llms.txt
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Documentation for trading, market making, and building with Joyride’s 0DTE options exchange
| Instruments | European calls and puts |
| Underlyings | BTC (others coming soon) |
| Strike currency | USDC |
| Contract size | 1 unit of the underlying |
| Expiry | Daily at 08:00 UTC |
| Settlement price | 30-minute TWAP of the oracle price into expiry |
| Payout | intrinsic value in USDC to in-the-money positions; no physical delivery |
{ASSET}_USDC-{DMMMYY}-{STRIKE}-{C|P}
BTC_USDC-16MAR20-100000-C breaks down as:
| Token | Value | Meaning |
|---|---|---|
{ASSET}_USDC | BTC_USDC | the underlying, quoted and settled in USDC |
{DMMMYY} | 16MAR20 | expiry day, month, and year; the day carries no leading zero |
{STRIKE} | 100000 | strike in whole USDC |
{C|P} | C | call or put |