SHORDEX OFFERS
MULTI-LAYER HEDGING

SHORTBIT
CORE PRODUCT
Shortbit offers gamma-positive inverse protection, supported by native ultra deep liquidity
STAKING
PASSIVE RETURN
Shortbit offers gamma-positive inverse protection, supported by native ultra deep liquidity
DERIVATIVES
ADVANCED HEDGING
Advanced derivatives built on top of core token and highly liquid assets
Hedging
Hedging with Shortbit is unparalleled - simply buy it to set a preferred delta of your crypto portfolio to Bitcoin and other major crypto currencies, which are highly correlated to BTC. Set delta to zero for perfect hedge, or to -1 if you would like to be in a purely short position - no short-selling is required anymore!
Staking
Due to its advanced AMM capacity with volatility-based fees, Shordex earns proceeds that are distributed to participants of Shortbit staking programme. Shordex smart staking offers floating rewards that you can claim at any time
Market making
Shordex has a very special story for Shortbit market makers. Shordex provides fundamental arbitrage opportunity for profitable trading of Shortbit - get in touch with us to know the details!
UNPARALLELED FEATURES
Shortbit
Leveraged tokens
ETFs
Perpetual swaps
Crypto options
Liquidation risk
none
none
none
very high
none
Counterparty risk
none
high
high
high
high
Hedging precision
~0.1%
~3%-15% (up to 300%)
~5%-20%
~0.01%
USD 5000 ticks
Liquidity
very high
low
medium to low
high
medium
Pricing slippage
none
very high
high
very low
medium
Spread
algorithmic ~0.08%
~10% (USD 10k depth)
~0.12%
~0.01% (USD 2M depth)
~5%-12%
Transaction cost
~0.04%
~0.1%
0.25%-1.5%
~0.06%
volatility-based premium plus ~0.03% fee
Time-based cost
none
management & rebalancing fee
management & rebalancing fee
funding rate
none
Volatility resistance
volatility agnostic
not resistant
not resistant
not resistant
resistant
Scalability
high
limited by collateral
limited by underlying assets
high
medium
BEST OF ITS KIND
Parameter
Description
Shortbit
Liquidation risk
Counterparty risk
Hedging precision
Liquidity depth
Spread
Slippage
Transaction cost
Time-based cost
Volatility resistance
Scalability
none
none
~0.1%
very high
none
none
~0.04%
none
volatility agnostic
high
Leveraged tokens
Liquidation risk
Counterparty risk
Hedging precision
Liquidity depth
Spread
Slippage
Transaction cost
Time-based cost
Volatility resistance
Scalability
none
high
~3%-15% (up to 300%)
low
~10%
very high
~0.1%
management & rebalancing fee
not resistant
limited by collateral
ETFs
Liquidation risk
Counterparty risk
Hedging precision
Liquidity depth
Spread
Slippage
Transaction cost
Time-based cost
Volatility resistance
Scalability
none
high
~5%-20%
medium to low
~0.12%
high
0.25%-1.5%
management & rebalancing fee
not resistant
limited by underlying assets
Perpetual swaps
Liquidation risk
Counterparty risk
Hedging precision
Liquidity depth
Spread
Slippage
Transaction cost
Time-based cost
Volatility resistance
Scalability
very high
high
~0,01%
high
~0.01%
very low
~0.06%
funding rate
not resistant
high
Crypto options
Liquidation risk
Counterparty risk
Hedging precision
Liquidity depth
Spread
Slippage
Transaction cost
Time-based cost
Volatility resistance
Scalability
none
high
USD 5000 ticks
medium
~5%-12%
medium
volatility-based premium plus ~0.03% fee
none
resistant
medium

VERIFIED AND TRUSTED
OPEN SOURCE
Shordex.io is developed to become DeFi standard setter for hedging platforms. It is to offer ultimate transparency and decentralization - all its contracts are to be published and verified once they are audited
EXPERT OPINIONS
As an innovator, Shordex.io capitalizes on invaluable expertise of high-profile financial and risk professionals. Such counseling allows to address hidden risks and avoid inefficiencies while developing a truly innovative product
AUDITED CONTRACTS
Compliance to ERC20 standard implies extensive Shortbit audits to ensure its smooth and full-fledge performance within established services. Shortbit contracts are to get at least 3 high-profile independent audits
FORMAL VERIFICATION
Non-standard and more complicated nature of Shortbit contract implies that a special attention is paid to its math fundamentals. Formal verification is to cover this critical area through extensive modeling and formal proof of underlying assumptions