Timelock Trade

On-chain derivatives break in two places: they depend on price oracles that can be manipulated, and they liquidate users at the worst possible moment. Timelock removed both.

"Protected Perps" let traders only realize profit; the downside is borne by liquidity providers who are paid a premium for it, a structurally different risk transfer than a standard perp.

Options were priced with a Black-Scholes model adapted for crypto, implied volatility derived from Uniswap pool data, and theta approximated via Dirac distributions, so the protocol could quote fair prices without trusting an external feed.

The product spanned perps, options, prediction markets and binary options.

I raised the idea, built the team of six across tech, product, design, BD and marketing, and drove it to $7.3M volume, $2M TVL and 1,000+ users on Monad testnet.