# What is Jasper Vault? ## Introduction Jasper Vault is a peer-to-peer interoperable options protocol to drive options for the 99%, making DeFi options intuitive, simple and safe. With the protocol's innovative application of Account Abstraction (AA) technology, Program Derived Addresses (PDAs), and Atomic Swaps via Hash Time-Lock Contract (HTLC), the protocol enables peer-to-peer trading and interoperability between wallets on different chains. Jasper Vault offers the following: [**Degen Options**](https://docs.jaspervault.io/welcome/broken-reference) is the 0DTE At-The-Money European options on ETH and WBTC, offering an alternative to perpetual trades. Users don’t have to worry about being liquidated by scam wicks. ## Platform Advantages #### For Option Buyers * Trade options with NO Scam Wick * Trade swaps via physical delivery of options * Trade options in intuitive and beginner-friendly mode **For Option Sellers** * Peer-to-pool-to-peer model without counterparty risk via Jasper Vault’s Defi Options Vault (DOV) * Earn additional option protocol fees from trading on Jasper Pro --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.jaspervault.io/welcome/what-is-jasper-vault.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.