Logo of Rysk V12Rysk V12

Total Value Locked$25.78m

TVL by Chain

Hyperliquid L1$19.75m

Ethereum$6.03m

Key Metrics

Options Premium Volume 30d$1.56m

$346,873

$35,996

$20.66m

Options Notional Volume 30d$145.98m

$34.31m

$1.82m

$1.467b

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.

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

Frequently Asked Questions

What is Rysk V12's TVL?

Rysk V12 currently has $25.78m in total value locked. TVL has decreased 51.9% 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 76.6%.

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 $33.22m across 18 protocols, and Rysk V12 accounts for 77.6% of that total. Other leading protocols include Ribbon, 3Jane Options, Olive, Grappa Finance, Katana, Typus DOV, Spin DOV, Bonsai Strike, AlgoRai Finance, and Chest Finance.