DeFI the Downside

Bumper’s unique price protection saves the value of your crypto assets if the market crashes, and you still get gains if it goes back up.

Bumper makes protecting the value of your crypto is cheaper, simpler and more flexible than any other risk management strategy.

$250,000 of BUMP rewards for Early Adopters

Get in early and share in up to $250,000 of BUMP rewards. Protect your crypto AND get rewarded for doing it.

FIND OUT MORE

Simple to use

Incremental premiums

More cost efficient than Options

Downside protection

Pooled liquidity

Provably fair

No KYC or ID checks

How it works

Bumper protects you from downside volatility in just a few clicks.


Connect your wallet, Choose a protection floor and a term length, then deposit your crypto into Bumper. You will receive a composable Bumpered Asset token which represents your protected asset with the downside volatility removed.

If the market dips below the floor, when the term expires you receive stablecoins to the value of your chosen floor. But if it goes to the moon you don’t lose out, and just claim your protected asset back.

It doesn’t matter how many times the price moves above or below the floor, all that matters is where it is when the position closes. You need to hold BUMP tokens which are bonded into the protocol whilst your position is open, and returned after it’s closed. Learn more about BUMP tokens.

Bumper Premiums

On average, hedging risk with Bumper is 30% cheaper than observed market prices for ETH put options.

Bumper’s novel architecture incorporates the most notable financial algorithm since the Black-Scholes formula was conceived over 50 years ago. 

Dynamically priced premiums, calculated based on market activity and protocol health, are designed to minimise the cost of protection, making Bumper more attractive than buying options contracts.

Example: Single Position Analysis

Date

Deposited Value

ETH Amount

Term (Days)

Floor Level*

Deribit Premium

Bumper Premium

Saving

09/12/2022

$10,000

6.427

120

70%

$506.63

$192.06

62.09%

08/02/2023

$10,000

5.290

90

85%

$416.82

$338.63

18.76%

06/04/2023

$10,000

5.979

60

90%

$496.78

$328.48

33.88%

11/05/2023

$10,000

7.830

30

95%

$384.33

$326.09

15.15%

Date

09/12/2022

Deposited Value

$ 10,000

ETH Amount

6.427

Term (Days)

120

Floor Level*

70%

Deribit Premium

$ 506.63

Bumper Premium

$ 192.06

Saving

62.09%

Date

09/12/2022

Deposited Value

$ 10,000

ETH Amount

6.427

Term (Days)

120

Floor Level*

70%

Deribit Premium

$ 506.63

Bumper Premium

$ 192.06

Saving

62.09%

Date

09/12/2022

Deposited Value

$ 10,000

ETH Amount

6.427

Term (Days)

120

Floor Level*

70%

Deribit Premium

$ 506.63

Bumper Premium

$ 192.06

Saving

62.09%

Date

06/04/2023

Deposited Value

$10,000

ETH Amount

5.979

Term (Days)

60

Floor Level*

90%

Deribit Premium

$ 496.78

Bumper Premium

$ 328.48

Saving

33.88%

*Equivalent to Put Option strike price, based on the last 12 months ETH price data.

Early Adopters earn serious rewards

To celebrate our mainnet launch, users who are the first to Bumper their crypto will earn a share of super-enhanced BUMP rewards.

These incentives are in addition to any profit you earn, and are calculated based on the amount of assets locked, term length and TVL in the protocol at the time. Rewards diminish as TVL increases, meaning early adopters gain the most benefit.

Chart going upChart going up

Chart for illustrative purposes only.

Details of Position

Your reward

Be the earliest to Protect $10,000 in ETH for 30 days
2,500 BUMP
Be the earliest to Protect $10,000 in ETH for 150 days
12,500 BUMP

Who can use Bumper?

Bumper’s crypto price Protection is suitable for a wide range of strategies and usage cases. Whatever your crypto strategy, Bumper is the perfect tool to minimise losses and maximise gains without compromising security or paying over the top premiums.

When to Bumper

Below are some examples of scenarios when you might want to Bumper your crypto. Click to find out more

Compare Alternatives

Bumper’s price protection is a superior alternative to stop losses and more price efficient than Options Desks.


Bumper is not a stop loss

A stop loss converts your crypto asset to stablecoins or fiat when its triggered. But if the price rebounds, you end up missing out on upside gains.

Bumper preserves upside gains whilst protecting your wallets value from drops, and it does it without having to transfer your tokens to an exchange.

Bumper is not a Put Option

Bumper’s price protection is a novel alternative to complex and opaque Put Options, and have with significant benefits for both sides of the market.

Price-efficient incremental premiums replace up-front fixed costs, and the ability to utilise Bumpered assets in external DeFi protocols makes the protocol attractive to a wide range of user profiles.

Stop Loss

Put Option

Crypto Insurance

Bumper

Price Protection

Stops you losing value if the market goes down

Upside Gains

Continue to profit if price goes back up

Not if triggered

Premiums/Fees

Normally % of trade size

Fixed, set by seller

Fixed, set by insurer

Incremental based on market volatility

Composable Asset

Are you returned an asset which can be used in other protocols?

Price Protection

Stops you losing value if the market goes down

Yes

Upside Gains

Continue to profit if price goes back up

Not if triggered

Premiums/Fees

Normally % of trade size

Composable Asset

Are you returned an asset which can be used in other protocols?

No

Price Protection

Stops you losing value if the market goes down

Yes

Upside Gains

Continue to profit if price goes back up

No

Premiums/Fees

Fixed, set by seller

Composable Asset

Are you returned an asset which can be used in other protocols?

No

Price Protection

Stops you losing value if the market goes down

No

Upside Gains

Continue to profit if price goes back up

No

Premiums/Fees

Fixed, set by insurer

Composable Asset

Are you returned an asset which can be used in other protocols?

No

Price Protection

Stops you losing value if the market goes down

Yes

Upside Gains

Continue to profit if price goes back up

Yes

Premiums/Fees

Incremental based on market volatility

Composable Asset

Are you returned an asset which can be used in other protocols?

Yes

Compare Bumper in more detail with:

Register for Updates

Be the first in the know about Bumper news and updates.

Just provide your email address and we'll drop them in your inbox.