Supported Tokens
How It Works
Our platform connects underwriters and hedgers to create a market for depeg insurance
Supply Tokens, Earn Premiums
As an underwriter, you supply both pegged tokens (LBTC) and underlying tokens (wBTC) to the vault.
For example, by supplying 1 wBTC and 1 LBTC, you receive 100 wBTC-depeg tokens that you can sell to hedgers.
After maturity, you can claim all remaining pegged tokens and underlying tokens, earning a profit from the premiums paid by hedgers.
Protect Your Assets from Depeg
As a hedger, you can protect your LBTC position from depeg events by purchasing wBTC-depeg tokens.
Before maturity, if a depeg event occurs, you can redeem wBTC by using your wBTC-depeg tokens + pegged token. For instance, claim 0.01 wBTC with 1 wBTC-depeg token + 0.01 LBTC.
Clear Timeline and Outcomes
Before maturity, hedgers can redeem underlying tokens in the event of a depeg, protecting their position.
After maturity, underwriters claim all remaining pegged tokens and underlying tokens from the vault.
This creates a balanced system where underwriters earn premiums for taking on risk, while hedgers gain protection against market volatility.
Benefits of Suipeg
Our platform provides unique advantages for both underwriters and hedgers in the ecosystem
Risk Protection
Hedge against depeg events and protect your assets from market volatility
Premium Earnings
Underwriters earn premiums by providing liquidity to the insurance pool
Time-Bound Security
Clear maturity periods ensure transparent and predictable outcomes
Market Efficiency
Creates a more efficient market by pricing and distributing depeg risk
Frequently Asked Questions
Learn more about how our depeg insurance platform works