Crypto Options Trader?

Try Bumper, experience a new way to hedge risk and get BUMP token rewards

Bumper is on average 30% cheaper for buyers. For sellers it delivers yields instantly without waiting for order fulfilment. We think you'll love it.

Launch Bumper

Bumper has been designed as a simpler, more cost-efficient and accessible alternative to options, and we want you to try it out and see how it compares.
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If you've used crypto Options in the past and you take out a position (Protect or Earn) on Bumper before 5 October at 12pm UTC, we’ll reward you with extra BUMP tokens.
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Rewards are in addition to the early user incentives and may well mean effectively a ‘fee-free’ protection. All you need to do is register your wallet address and post a transaction ID that meets the qualifying criteria.

REWARDS

We're offering 200,000 BUMP Tokens for crypto Options users who create their first position in the Bumper protocol.

Users who create a position in week 1 will receive a share of 80,000 BUMP Tokens, proportional to their position size.

Reward Pools:

Week 1 (ends 14 Sep 12pm UTC) - 80,000 BUMP Token Pool
Week 2 (ends 21 Sep 12pm UTC) - 60,000 BUMP Token Pool
Week 3 (ends 28 Sep 12pm UTC) - 40,000 BUMP Token Pool
Week 4 (ends 5 Oct 12pm UTC) - 20,000 BUMP Token Pool

Qualifying Criteria & Details

  • Must have previously used Options protocols Hegic, Opyn, Premia, Lyra, Ribbon or Deribit.

  • Must have bought (or sold) a put or call option between 24 August 2022 and 23 August 2023 (UTC).

  • For decentralised protocols, must use the same wallet with Bumper as was used with the put or call option on the other protocol.

  • For Deribit, you'll need to show a valid transaction in your Transaction Log (From your Deribit Account). Please upload a screenshot or provide a link to a hosted screenshot.

  • Positions must be created before the deadline for that week to qualify for that week's rewards.

  • BUMP token rewards will need to be Claimed from our dApp.

  • Please allow 45 days from the end of the first month for claim notification via email.

  • Bumper position must be created before 12pm UTC on 5 October 2023 (Note: due to postponed launch the end date has been adjusted).

  • Only your first position in the protocol will qualify for rewards.

Registration for Options Trader incentives has now closed

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