| Stat | Value |
|---|---|
| Ticker | PREMIA |
| Price | $0.06 |
| Market Cap | $4.96M |
| 24h Change | +13.4% |
| Circulating Supply | 78.49M PREMIA |
| Max Supply | 100.00M PREMIA |
| All-Time High | $5.79 |
| Contract (Ethereum) | 0x6399...0e70 |
| Contract (Fantom) | 0x3028...c4ef |
| Contract (Arbitrum One) | 0x51fc...7fa2 |
| Contract (Optimistic Ethereum) | 0x374a...231a |
What Is Premia Finance?
Premia Finance is a decentralized options protocol that allows users to trade American-style options on a variety of DeFi tokens. Unlike order book models, Premia uses automated market makers with premium pricing governed by supply-and-demand dynamics within liquidity pools.
How Premia Options Work
Option buyers pay a premium to purchase the right (but not the obligation) to buy (call) or sell (put) a token at a specified strike price before expiration. Options on Premia are American-style, meaning they can be exercised at any time before the expiry date.
Liquidity providers (underwriters) deposit capital into option pools and collect premium income in exchange for taking the opposing side of trades. The pool’s utilization rate automatically adjusts the premium to balance supply and demand.
Key Features
- Concentrated liquidity: Premia v3 introduces concentrated liquidity ranges, allowing LPs to provide liquidity within specific price and strike ranges for more capital efficiency
- Delta-hedging: Premia integrates with Chainlink price feeds to calculate real-time Greeks, helping users understand their options exposure
- vxPREMIA (veTokenomics): Users lock PREMIA to receive vxPREMIA for governance voting and boosted fee sharing from protocol revenue
PREMIA Token
PREMIA is used for governance and for boosting LP fee revenue through the vxPREMIA staking system. Protocol fees generated from options trading are partially distributed to vxPREMIA holders.
Markets
Premia operates on Ethereum mainnet, Arbitrum, Optimism, and Blast, with option pools for ETH, BTC, and select DeFi tokens.