Overview
Bound trades a price path: you choose a target and a loss level, the payout is fixed the moment you open, and whichever level the price reaches first settles the position. Markets listed are BTC, ETH, SOL and HYPE, with documentation at docs.bound.exchange.
The structure is a binary with two exits rather than a conventional option, which makes it easy to price and easy to explain — and it removes the need for a liquid secondary market, since nothing is sold before settlement.
Its beta is going live on HyperEVM, and the team says it is keeping an eye on Elysium. That is the whole of its Elysium commitment: no contract, no date, no deployment.
The listing files it as exploring, and its only link is an X account. For a derivatives product, the part worth watching is not the concept but whether the fixed payout holds up once the market is live.
From the directory listing
Trades on a price path: you pick a target and a loss level, the payout is fixed when you open, and whichever level the price touches first settles it. Its beta is going live on HyperEVM, and the team says it’s keeping an eye on Elysium.
Key numbers
All-time figures the community directory reads from this project’s contracts on the Elysium testnet.
- Operations
- —
- Wallets, 7 days
- —
- Transactions, 7 days
- —
- Contracts
- —