A new way to trade volatility has arrived with Bumper v1.1 on Arbitrum which launch today. Users can now take out hedged positions with a protected floor up to 99%, with the added feature of cancellations traders can protect their holdings from downside volatility but also trade off it.
With greater flexibility than a DeFi Put Option, and cheaper premiums, Bumper brings a suite of new trading strategies to crypto traders’ playbooks. Traders and hodlers alike have the opportunity to beat the market and maximise their returns.
It’s not just about protection, stablecoin yield hunters can support the protocol and earn real yields derived from premiums paid.
The latest release brings with it two new markets - wstETH/USDT and wBTC/USDT. Creating a wstETH market launches Bumper into the LSTfi sector and unlocks a new opportunity to trade with staked ETH and beat yield farming using one of the many new strategies.
Early User Incentives
To help drive adoption and familiarisation with Bumper’s new interface we’ve removed the trading fee for all positions taken. In addition, we are giving up to a $25 premium rebate on early hedged positions. This is also on top of the BUMP tokens users earn for interacting with the protocol. Full details and conditions.
To qualify for the premium rebate users need to take out a position to the value of at least $1,000. There will be one rebate airdrop per wallet. Epoch one is now live and will run for 1 week, or until 2,500 USDT in premiums have been rebated.
Master Volatility
So whether you’re a long term crypto holder or day trader, Bumper lets you truly master volatility and maximise your returns in the crypto market.
Open your first position today
PLEASE NOTE:
When you connect to the dApp you may notice some missing values in the interface. This is expected for the time being as the protocol spins up. Once they’re calculated they will be shown in the interface.
Disclaimer:
Any information provided on this website/publication is for general information purposes only, and does not constitute investment advice, financial advice, trading advice, recommendations, or any form of solicitation. No reliance can be placed on any information, content, or material stated on this website/publication. Accordingly, you must verify all information independently before utilising the Bumper protocol, and all decisions based on any information are your sole responsibility, and we shall have no liability for such decisions. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Visit our website for full terms and conditions.
We're thrilled to share a groundbreaking announcement with our dedicated Bumper community! The countdown has begun, and on Friday, December 15th, Bumper will make its highly anticipated debut on Arbitrum. This milestone is not just a step forward; it's a leap into a new era of decentralised trading.
