> For the complete documentation index, see [llms.txt](https://docs.jaspervault.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jaspervault.io/product/degen-options.md).

# DEGEN Options

Degen Option is a novel development from Jasper Vault that allows users to open 8 hours At-The-Money (ATM) call and put options for Ethereum (ETH) and Bitcoin (WBTC) with European style settlement, initially available on the Sei Network and Arbitrum with multi-chain integration in the future.