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Documentation Index

Fetch the complete documentation index at: https://docs.b1nary.app/llms.txt

Use this file to discover all available pages before exploring further.

The price you commit to buy or sell at. Further from the current price means safer but lower premium.
Money paid to you upfront by the market maker. Compensation for locking your capital. Yours regardless of outcome.
You set a lower and upper price. If the asset stays in range, all your capital comes back and you keep premium from both sides. If it moves out, you either buy (downside) or sell (upside) at the price you chose.
You always keep the premium. If you get assigned, you buy or sell at the price you chose. Your effective cost is always better than market because of the premium you earned. You cannot lose more than your collateral. No margin, no liquidations.
A professional market maker. They need someone on the other side of their trade. The premium is their cost, your income.
Weekly at 08:00 UTC. Settlement is automatic.
If OTM (price stayed on your side), your collateral is returned. If ITM (price crossed your strike), physical delivery occurs. Either way, you keep the premium.
No enforced minimum. You can start with any amount of USDC or a supported covered-call asset. Gas fees are covered by the protocol, so there’s no extra cost to transact.
You can sign in with your email or connect an existing wallet. Either way, b1nary creates a smart wallet for you that handles all transactions. No KYC.
When you sign in, b1nary creates trading accounts for you on Base and Solana. You deposit from your external wallets, and trades execute from those gas-sponsored trading accounts. You can withdraw back to your external wallet at any time.
Base mainnet and Solana mainnet. Gas fees are covered by the protocol.
ETH, cbBTC, SOL, and TSLAx.