An Improved Approach to Crypto Price Protection 🛡️

Bumper, a DeFi protocol, can remove the downside volatility of crypto assets, by combining an innovative peer-to-pool risk model with a novel rebalancing mechanism.

In the sophisticated world of decentralized finance (DeFi), risk management and yield optimization are paramount.

Where traditional financial models like the Black-Scholes equation have been used to price options and manage risk, the crypto space requires innovation, and Bumper is one of the players at the forefront of this evolution.

Bumper, a DeFi protocol, can remove the downside volatility of crypto assets, by combining an innovative peer-to-pool risk model with a novel rebalancing mechanism. This approach underpins a significant improvement over traditional Black-Scholes Option desks, undercutting Deribit, the market leader, by an average of 30%, which may lead to disruption of its $1bn in daily volume.

The protocol is the culmination of a three-year research and development programme. It is backed by $20m in early funding and is in collaboration with the Swiss Center for Cryptoeconomics, known for their work on Synthetix, and coded by renowned developers Digital Mob, who previously…