For the complete documentation index, see llms.txt. This page is also available as Markdown.

What is SYMMIO?

Symmio is a trustless, hybrid (combining on and off-chain) clearing house: the communication, settlement, and clearing layer for permissionless derivatives. It has no liquidity pools and no order book. Instead of trading against a pool, you trade directly against professional market makers called solvers, who lock collateral to back every trade. Pricing runs off-chain for speed; collateral, positions, and settlement live on-chain. It's peer-to-peer derivatives, settled on-chain.

Quoting and pricing run off-chain so they stay fast, while collateral and settlement are fully on-chain so they stay verifiable. The whole system is permissionless: anyone can build a frontend, and anyone can run a solver. The protocol is the shared infrastructure underneath both.

Derivatives as a Service

For Crypto Natives:

What makes Symmio different

There are no liquidity pools. Every trade is a bilateral agreement between you and a solver, so there's no pool to price against, no pool-mechanic slippage and no liquidity fragmentation. A solver can make a market in anything that has a price feed, whether that's crypto, equities, commodities, FX, or prediction markets; the protocol doesn't restrict what can be listed.

Quoting and pricing run off-chain so they stay fast, while collateral and settlement are fully on-chain so they stay verifiable. The whole system is permissionless: anyone can build a frontend, and anyone can run a solver. The protocol is the shared infrastructure underneath both.

A gateway to OTC derivatives

Because a market only needs a price feed, the range of assets a solver can list is wide:

Potential asset types
  • Cryptocurrency Futures / Perpetuals / Options, Stocks & Equities

  • Low-Cap Perpetuals, Bonds, Yield-Swaps, Low-Cap Options

  • Forward Rate Swaps, Commodities, Volatility Indices, Real Estate Indexes

  • FX Pairs, Inflation-Protected Assets, Basket Indices

  • ETFs, Options, Carbon Credits, Weather Markets

  • Energy Contracts, Macroeconomic Indicators, Credit Default Swaps

  • NFT Floor Prices, IPO Exposure, Metaverse Land Parcels, Prediction Markets

  • Election Outcomes, Sporting Events

Or any other asset not listed here, with any possible price function.

Symmio supports options trading, including call and put options across a range of assets.

Who uses Symmio?

Traders reach Symmio through frontends such as Carbon, Thena, and Vibe. You don't touch the protocol directly; you use a venue built on it.

Frontend Builders (Exchanges) build the trading interface and own everything user-facing: UX, branding, and user acquisition. Symmio handles settlement.

Solvers take the other side of trades. They're professional market makers who typically hedge their risk externally and compete to quote the best price.

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