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  1. Home
  2. /Glossary
  3. /Ribbon Finance
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defi

Ribbon Finance

A DeFi protocol that runs automated options strategies through vaults.

Definition

A DeFi protocol that runs automated options strategies through vaults. Users deposit assets and the vault sells options on their behalf, generating yield from premiums. It merged with Aevo, a decentralized options exchange, to offer both structured products and active trading.

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Related Terms

Options

Contracts giving the right, but not obligation, to buy (call) or sell (put) an asset at a set price before expiration.

Vault

A smart contract that automates a yield-generating strategy by depositing and managing funds on behalf of users.

Yield Farming

Strategically moving capital between DeFi protocols to maximize returns.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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