# 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.


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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.
