Trade & earn on-chain
Trade options. Provide liquidity. Even losers win.
Stryke is the on-chain options layer: trade tokenized-stock options on Robinhood, sell covered calls and cash-secured puts for 100%+ APRs, or LP across CLAMM and Premarket. Even losing trades earn you $sykASH — Stryke's loss-rebate token — so every participant gets a share of the protocol.
CLAMM · Provide liquidity
Robinhood Chain
Premarket · Trade
Interfaces shown are illustrative · figures are examples, not quotes
Tokenized stocks
Options on tokenized stocks. Yield that actually pays.
Trade options on tokenized equities — and earn 100%+ APRs selling covered calls and cash-secured puts against them. Real stocks, on-chain, with real premium.
TSLA
NVDA
MSTR
CRCL
SPXThe protocols
Flagship infrastructure
CLAMM
Concentrated-liquidity market making for on-chain options — the liquidity infrastructure beneath every trade in the suite.
Premarket
Trade options on any outcome — not just pre-TGEs. The first deployment is on Robinhood: covered calls, cash-secured puts, and spreads.
Live chains
Robinhood deployment leads the rollout
Robinhood Chain
Premarket starts on Robinhood with covered calls, cash-secured puts, and spreads — then expands to let anyone trade options on any outcome.
The token
Staking drives the revenue flywheel
$SYK
Staking $SYK entitles stakers to a share of all platform revenues generated across the Stryke protocol — from CLAMM spreads to Premarket settlement fees. Usage compounds into fees, fees flow back to stakers, and staking aligns the protocol with its community.
Read the tokenomics →
Stake SYK
Lock $SYK to activate your share of the protocol's revenue stream.
Protocols generate fees
Every CLAMM mint and Premarket settlement across all chains produces platform revenue.
Revenue flows to stakers
Stakers receive their share of all Stryke platform revenues, proportional to their stake.
The flywheel compounds
More usage → more fees → stronger staking incentives → deeper alignment and growth.
The official $SYK token contract will be published here once deployed.
The rebate token
Even losing trades build ownership
$sykASH
Realize losses while trading on Stryke and receive $sykASH — a 14-day decaying token that entitles active holders to 20% of all platform revenue. Lose a trade, still own a piece of the protocol.
Read the rebate mechanics →Losses become ownership
When a trade closes underwater, Stryke mints $sykASH proportional to your realized loss — turning a setback into protocol ownership.
Decay rewards activity
$sykASH decays linearly over 14 days. Place another trade to refresh your balance and keep the rebate alive.
Share of all platform revenue
Active $sykASH holders receive 20% of fees generated by CLAMM and Premarket across every chain Stryke is deployed on.
The lineage
Built on-chain since 2021
From Dopex to CLAMM to Premarket — one options stack, evolved.
Dopex
The suite began as Dopex — one of the first decentralized options protocols. Its vaults generated over $1B in options volume and drew more than $160M in peak TVL, proving real demand for on-chain options.
CLAMM
Rebranded as Stryke, the team shipped CLAMM — the first protocol to sell options directly against Uniswap v3 liquidity, built on v3 hooks. Concentrated ranges became option payoffs, merging the deepest DEX liquidity in DeFi with options writing.
Premarket
The same execution engine was generalized to trade options on any outcome — from pre-TGE tokens to events. The first deployment is on Robinhood: covered calls, cash-secured puts, and spreads.
Start now
Trade options. Or earn yield from the liquidity layer.
PremarketTrade options on tokenized stocks & outcomes
Buy and sell covered calls, cash-secured puts, and spreads on Robinhood — with more chains and outcomes launching soon.
- TSLA, NVDA, MSTR, SPX and more
- Covered calls, puts & spreads
- Robinhood Chain live deployment
CLAMMLP and earn 100%+ APRs from options selling
Deposit concentrated liquidity and let the protocol sell options against your Uniswap v3 positions automatically.
- Auto-sold covered calls & cash-secured puts
- Earn trading fees + option premiums
- Stay inside Uniswap v3 liquidity ranges