Introduction

Strike Finance is a DeFi derivatives protocol. Derivatives are financial instruments whose value is derived from the value of an underlying asset. There are various types of derivatives each suited for different use cases. Strike Finance offers three derivative products.

• Options Contract - Rights to buy/sell an asset at a predetermined price before a certain date

• Forwards Contract - Agreement between two parties to exchange assets at a predetermined date in the future

• Perpetual Contract - Allows traders to take long or short positions on an asset indefinitely. Traders can earn periodic profits if their position aligns with the market direction.