1640 finance is a decentralized finance (DeFi) protocol built on the Arbitrum network. It functions as a specialized marketplace for crypto volatility, connecting two main user groups: Liquidity Providers (LPs) and Traders. LPs deposit assets (e.g., USDC) into vaults to earn a real yield generated from the protocol's operations, while Traders can buy options-like instruments to speculate on or hedge against the price volatility of crypto assets like ETH and BTC. The protocol's mission is to create an efficient, on-chain environment for managing and trading volatility risk, which is a key component of traditional financial markets.

Founded in

France