Buy Low and Sell High

Buy Low vaults offer you the opportunity to buy WBTC at a lower price in the future. You deposit USDC with the possibility of receiving WBTC at expiration.

• Linked Price Reached: On the Expiration Date, if the Chainlink oracle price for Bitcoin at the time of expiration is at or below your Linked Price, you will receive WBTC at the Linked Price plus interest in WBTC.

• Linked Price Not Reached: On the Expiration Date, if the current Chainlink oracle price for Bitcoin at time of expiration is above the Linked Price, then you will withdraw your deposited USDC plus interest in USDC.

Sell High vaults offer you opportunities to sell WBTC at a higher price in the future. You deposit WBTC with the possibility of receiving USDC at expiration.

• Linked Price Reached: On the Expiration Date, if the current Chainlink oracle price for Bitcoin at time of expiration is at or above the Linked Price, you will receive USDC at the Linked Price plus interest in USDC.

• Linked Price Not Reached: On the Expiration Date, if the current Chainlink oracle price at time of expiration for WBTC is below the Linked Price, then you will withdraw your deposited WBTC plus interest in WBTC.