Logo of Rysk V12Rysk V12
Total Value Locked$45.64m

TVL by Chain

Hyperliquid L1$37.91m

Ethereum$7.73m

Key Metrics

Options Premium Volume 30d$1.46m

$302,741

$165,569

$19.42m

Options Notional Volume 30d$158.18m

$30.63m

$18.57m

$1.357b

Protocol Information

Rysk V12 introduces a new way to earn high, sustainable yield on ETH, BTC, and any volatile asset in DeFi. DeFi’s biggest gap has been obvious: scalable, efficient returns on its core assets. These assets are held by everyone, yet their yields remain low and unsustainable. Rysk fixes this by reimagining covered calls, a proven strategy from traditional finance, and making it work for DeFi.

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Category:Options Vault

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHub

Competitors

Ribbon ($4.15m)3Jane Options ($115,764.24)Olive ($49,937.13)Grappa Finance ($0.45)Katana ($1.93m)Typus DOV ($938,908.78)Chest Finance ($643,510.41)Spin DOV ($17,005.65)Bonsai Strike ($7,883.66)AlgoRai Finance ($1,674.51)

Frequently Asked Questions

What is Rysk V12's TVL?

Rysk V12 currently has $45.64m in total value locked. TVL has increased 15.1% over the past 30 days.

What chains does Rysk V12 operate on?

Rysk V12 operates on 2 chains: Hyperliquid L1 and Ethereum. Hyperliquid L1 holds the largest share at 83.1%.

How does Rysk V12's TVL compare to similar protocols?

Among Options Vault protocols tracked by DefiLlama, Rysk V12 ranks #1 by TVL. The category holds $53.14m across 18 protocols, and Rysk V12 accounts for 85.2% of that total. Other leading protocols include Ribbon, 3Jane Options, Olive, Grappa Finance, Katana, Typus DOV, Chest Finance, Spin DOV, Bonsai Strike, and AlgoRai Finance.