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Exploring Use Cases of NFT Options

Get affordable exposure to blue-chips

Blue-chips offer one of the best investment opportunities today but purchasing one is very expensive. Traders can instead purchase calls or puts to profit from the price movements of the top collections.

Buy cash insurance for your NFTs or outstanding loans

NFT prices are volatile. Wasabi put options provide price insurance for holders and lenders who want to hedge their downside. A lender for an NFT collateralized loan can easily convert their NFT collateral into cash collateral to cover the risk of default.

Create NFT ETFs

Since Wasabi mints option positions through the ERC-721 standard, options for a collection are compatible with Wasabi Pools. Users can create levered long or short ETFs by aggregating and issuing options from a pool.