Decentralized marketplace CloberDEX is letting traders purchase puts on ARB with strike prices of 50 cents, $1, $2, $4, $8 and $16. By shauryamalwa
Arbitrum token derivative markets are popping up on centralized and decentralized exchanges ahead of Thursday’s claim event.
Put options are a type of option that increases in value as the price of the underlying asset, such as a token or equity, falls. ARB price action is expected to be significantly volatile on the first day. Arbitrum developers confirmed last week that ARB will be airdropped to community members on Thursday, March 23, based on their prior network activity, marking Arbitrum’s official transition into a decentralized autonomous organization .
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