unRoll
unRoll is a decentralized Web3 protocol, on the Base network, that enables users to trade market volatility by arbitraging between two tokens: $ROLL and $unROLL. This protocol allows traders to capitalize on price fluctuations between these tokens and a base token (eg: ETH), turning market volatility into profitable opportunities. By operating entirely on-chain, unRoll provides a decentralized, transparent, and trustless environment for volatility trading without relying on centralized exchanges. Market volatility trading is valuable because it allows traders to benefit from price swings in both directions, up or down. Traditionally, such strategies are available to advanced traders in the derivatives market. With unRoll, traders in the DeFi space can access similar opportunities by trading volatility directly. The protocol integrates seamlessly into the Web3 ecosystem, aligning with the principles of decentralization, transparency, and user control. At the heart of unRoll are the tokens $ROLL and $unROLL. These tokens are designed to reflect different aspects of market volatility. Traders can exploit price disparities between them by using the protocol’s automated smart contracts to perform arbitrage trades. $ROLL and $unROLL respond to varying market conditions, creating constant opportunities for arbitrage.