Solana blockchain icon
Solana

(inactive) Friktion SOL Calls (Low Delta)

This pool allows you to deposit SOL to write calls based on an algorithmically determined strike price. Your yield is generated from premiums paid by call options buyers and performance of SOL during the epoch. Friktion vaults automate out of the money covered calls on a weekly basis and reinvests the premiums back into the strategy to compound depositor yields over time. Your deposited principal is subject to loss in case of a market upswing as you are selling covered calls. In this case, your upside will be capped and you may be relatively worse off than simply holding spot.

11.9%
Yield
30d APY
F
Risk
APY
Last 90d
Yield11.9%
30d APY
Base
%
Reward
%
.
TVL
$1.2M
77.72%
last 30d
Yield
11.9%
APY 30d
Earnings
<$0.1M
Last 30d
Protocol
Summary
Risk
Fundamentals
Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets
F
Yield Source
Geometric spirals as the background of the yield source card header
Percentage icon symbol
Your yield consists of option fees paid by long users on the Solana blockchain
Medal award icon symbol
No short-term incentives to encourage deposits into the pool
Investment Strategy
Asset icon 0
This options pool earns yield in exchange for giving away part of the upside potential of SOL. The premiums earned may not be enough to offset any losses if call options expire in-the-money
Risk Details
Pool Fundamentals
F
Discuss
Connect on Discord
Join our community of investors to discuss pool ratings, tips, and the latest DeFi news.
Join now
Custom Discord logo with chat bubble attached