Hedgers

Plug into SYMMIO and start filling intents from DeFi users

SYMMIO essentially mirrors the risk on-chain, creating a unique hybrid model that balances the strengths of both centralized and decentralized systems. It serves as a marketplace facilitating third parties, known as hedgers, to execute orders. These hedgers can essentially be anyone, opening up a plethora of possibilities. They can operate on any exchange, be it Binance, Bybit, KuCoin, Bitfinex, or even run their own market-making or product structuring operations.

If you are interested in becoming a Hedger, feel free to reach out directly the SYMMIO's team.

Example of a Delta Neutral Strategy

Institutional actors such as Market Makers can leverage QuickPerps to execute their operations.

A simple and profitable strategy consists of filling an intent and opening the opposite position in a CEX. As such, the Hedger's PnL profile is delta neutral and its profits consist of an initial spread and a premium charged on the funding rate. In addition, cross-margining multiple positions with one user makes it possible to replicate this risk-free strategy while lowering the collateral requirement.

Learn More about SYMMIO

Introduction | SYMMIO Protocol Gitbookdocs.symm.io