We are sunsetting the current deployment of Odyssey and placing all markets into close-only mode.
Traders may submit orders to close their positions until September 27 at 7pm UTC. After that, all markets will be settled and any remaining open positions will be closed.
Pool withdrawals will be processed after settlement has occurred.
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Ahoy! We are excited to announce that we have raised $3m led by @Collab_Currency and @lattice_fund, to build the NFT-native call options protocol!🪝
To celebrate, our new incentive program ✨The Treasure Hunt✨goes live today!
blog.hook.xyz/announcing-our…
We’re excited to have received a grant from the @Arbitrum Foundation for Hook Odyssey, the Perps DEX for fast-moving assets.
This grant will support Odyssey’s trading competitions and liquidity.
How To Mog (Odyssey Version) 🫵😹🪝
Step 1: Put on @PitViperShades
Step 2: Log into Odyssey
Step 3: Long MOG Perp (Max Leverage moggoooor)
Step 4: Post how bullish you are on MOG
Goodbye waitlist, hello rewards.
Odyssey’s Treasure Hunt Season 1 starts now.
Get rewarded for trading and providing liquidity on the perps dex for fast-moving assets.
Ahoy! Our first trading competition starts today! Win $50k in prizes by trading NFT perpetual futures on Odyssey!
🏆25,000 ARB Prize Pool
⏰ 2 Weeks Long
📊 Multiple Ways to Win Prizes
Read on to learn how to get your slice of the loot!
Introducing our first market outside of NFTs.
DEGEN-USDC perps are now available to trade on Odyssey!
Traders can long or short @degentokenbase with up to 3x leverage.
We just released a new marketplace experience based on all of your testnet feedback. This new view is more straightforward, and also lays the groundwork for collection-wide offers and our RFQ system, both online soon™
Attention, builder humans!
The Art Gobblers smart contracts have been deployed and are ready to integrate.
Go time is tomorrow, 10/31. Gobble.
etherscan.io/address/0x60bb1…
That’s right - we’re deploying Hook Odyssey as an Arbitrum Orbit chain. Odyssey leverages Stylus along with other Arbitrum features!
Read more from the Arbitrum team 👇
The Hook team launched a ton of new features this week, including single-term vBids and activity notifications in Discord!
Join our Discord to stay updated with all of our product updates and more!
discord.gg/hookprotocol
Today, we’re opening up first access to Hook Odyssey, the fastest NFT-focused derivatives DEX. 🪝
Odyssey is deployed on Hook Chain, a custom-built @Arbitrum Orbit chain. ⛓️
Introducing Odyssey’s Points Perpetual Futures
Traders can now long or short the price of points before they convert to tokens.
Our first points market is BGOLD-USDC, which tracks the value of Blast Gold. 🟡
There is no meme, I love you.
@miladymaker holders can claim 1000 Treasure Chests and start their Treasure Hunt on Odyssey, the perps DEX for the fastest moving assets.
Claim now by heading to hook.xyz!
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One unique aspect of Hook is that our call options do NOT use oracles to determine their final price!
Instead, Hook uses a settlement auction to determine whether an option ends up in or out of the money. 📊
Hook is experiencing accelerating growth in trading volume amid a tough NFT market. We’re doubling down on NFT derivatives and our team is focused on building Hook’s next evolution.
We can't wait to unveil it.
In the meantime, here's a preview of our plans. 🪝
Get Listed on Fantasy! 🃏
Within 48 hours we will deploy the Fantasy v2 ✨
This canonical upgrade will be accompanied with an upgrade of the Heroes list.
Wanna join the club? Quote this tweet explaining us why it should be you 💬
We’re partnered with @SocketDotTech to enable inter-rollup bridging on Hook Chain!
Traders can deposit to Odyssey from multiple chains with ZERO fees.
Why we’re excited to be working with Socket 👇
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Welcome to Season 1 of Hook's Treasure Hunt, our brand new incentive program rewarding traders using our protocol! 🪝
Here's everything you need to know about the hunt and how to maximize your rewards! 👇
blog.hook.xyz/how-to-earn-in…
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How do we keep Hook secure? 🛡️
We take a proactive approach at Hook. Our smart contracts have been audited by @sherlockdefi and @zachobront and are insured for up to $2 million in TVL.
Check out the audit reports below 👇
Excited to be partnering with @DarkEchelonn!
Dark Echelon members now can start trading on Odyssey, the fastest NFT derivatives DEX!
Welcome aboard! 🛳️
With Odyssey’s testnet release approaching, we’re sharing some of its new features that traders can access soon.
In today’s blog, we’re diving into how @watchesio traders can use Odyssey’s synthetic derivatives to enhance their trading experience.
blog.hook.xyz/hook-odyssey-h…
It was great seeing your P&Ls, and as a part of joining the PREMINT you'll get access to our testnet now to help us get the protocol ready for our Mainnet launch.
🚢Product Updates🚢
We have three updates to share with you:
1⃣Hook’s Rewards Tab is now live
2⃣Increased Rewards for Writing Options in Cycle 2
3⃣New market for @CryptoPhunksV2
Let’s dive into these updates👇
We are excited to announce our partnership with @spicyest_nft 🌶
A financial services team specializing in NFTs, SPICYEST provides real-time price estimates, analytics & instant liquidity for NFTs. ✨
We will surface NFTs with their price range estimates for our users!
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Hook is the NFT-native call options protocol. After building for almost a year, we wanted to take a look back at Hook’s journey before its next step tomorrow! 🪝
Compete for $3,000 USDC in prizes by trading $MOG, Milady, and more.
🏆$1,000 USDC Top Prize
📆 1-Week competition (July 1 - July 8)
👥 Top 10 Traders by Account PNL Earn Prizes
📊 Activity in All Markets Counts
The competition is now live!
Excited to be partnering with @cryptotesters!
Cryptotesters can now start trading perps on Odyssey, the fastest NFT derivatives DEX!
Glad to have you onboard! 🛳️
🪝New Year, New Protocol🪝
We’re excited to share that Odyssey is going into audit today!
Get ready to experience perps and options for NFTs on Odyssey soon.
With Hook Odyssey's testnet release getting closer, we wanted to start sharing some of the strategies it enables traders to use.
This time, we’ve teamed up with @gondixyz to discuss how lenders can hedge loans with Hook Odyssey’s put options.
blog.hook.xyz/hedging-loans-…
We originally planned on launching our Treasure Hunt in May, but we decided to take a few extra weeks to ensure we get it right.
Over the past month, we've been testing Hook with some of the top NFT traders and DAOs.
DM us if you want a preview of what's coming.🤫
Our new homepage just dropped with
🚀 Quick launching off point for markets
🪜 Top traders (👀 @brennen_eth@raihan_@gjadjdta)
🔍 Early access markets
try it 👉 app.hook.xyz
Odyssey Trading Competition Day 3 Update
The competition is heating up! So far, the top traders by Realized PNL are:
🥇 @strongNFTea
🥈 0x0948
🥉@k2_nft
Think you can break into the top 10? The 2-week competition ends on March 29 at 1700 UTC.
⛽️Announcement ⛽️
We’ll be giving a gas refund to all first-time call option writers. Have an idle @pudgypenguins, @miladymaker, or @BEANZOfficial in your wallet and looking to earn on it?
Visit hook.xyz/portfolio to write your first option!
We’re excited to be partnering with @upshothq to give traders a new way to supply liquidity to Odyssey!
Upshot will be launching AI-powered @yearnfi vaults through @robonethq that provide liquidity to Odyssey’s upcoming perp markets.
This week we had 9 @miladymaker call options expire in the money. The recent rise in Milady's floor price led to strong returns for traders. 📈
@NeikosX topped the leaderboard with a 10652.7% return! 0x1297A and @0xMedivh had the second and third-highest returns by percentage.
Today’s drop day! ORI opens up for minting at 1pm EST on artblocks.io. Thank you everyone who helped me over the last year in my journey on this project. First 25 will get a little something else special post-launch.
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Options are uniquely suited for NFTs because they benefit traders and holders.🤝
Holders can earn upfront ETH on their idle NFTs by writing call options. At the same time, traders can bet on a collection's price increase with a small amount of ETH by purchasing options!
Another busy week for Hook! Here are three things you should know:
1⃣ Cycle 1 ends tomorrow!
2⃣Milady and Beanz options are available to trade again.
3⃣The Rewards Tab is going live on Tuesday. This is where you'll be able to see the rarity of your chests!
Join us this Thursday at 2pm EST w/ @watchesio to discuss how you'll soon be able to trade perps and options on luxury watches. ⌚️🪝
Those who listen in might get some alpha on how to get early access to Odyssey! 👀
Hook is revolutionizing the way we trade, earn, and speculate on our NFTs 🪝
Learn how to:
💰 Instantly Earn by Listing NFTs
🤝 Collect Treasure Chests
🐂 Why we're bullish
👇 Keep reading
With Odyssey entering audit, we’re excited to soon be able to offer traders access to new instruments that weren't previously possible. 🪝
One we're particularly excited about is @watchesio indices powered by @UpshotHQ.
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We recently announced vBids, a new product making it easier to bid on Hook’s options.
Today we wanted to share a simplified explanation of how they work and how they benefit both traders and option writers.
Let’s dive in 👇
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We launched our beta almost a year ago and have been focused on developing products making it easier to use Hook.🪝
With today’s launch, two new products go live: vBids and Hook Earn. We’ve hinted at these before, but are officially launching them for the first time today!🔓
We've been busy over the past few weeks and have many updates to share! 🪝
1⃣First Trading Competition
2⃣Reached $1 Million in Notional Volume
3⃣Partnerships
4⃣New Markets
5⃣Product Updates
Dive into this thread to see everything we've been up to 👇
Hook’s bug bounty program is now live on @immunefi! 🛡️
Help us keep Hook secure and earn up to $500,000 for doing so. 💰
Check out the bounty for full details 👇
immunefi.com/bounty/hook/
We hosted our first NFT Auction last week in our Discord.
Traders bid on a Lil Pudgy Penguin (0.90 ETH Floor) with Treasure Chests they’ve been rewarded with in our rewards program, The Treasure Hunt.
Our first winner was @0xFendiman with a bid of 65,142 Treasure Chests. 🎉
Why these 2 collections?
CryptoPunks: OG, and you can’t really launch a new NFT protocol without including them
Good Minds: cute and affordable, built for testing NFT x DeFi
We just added support for notifications! You can now be notified via telegram or email whenever someone makes an option offer on an NFT in your wallet.
blog.hook.xyz/hook-introduce…