Junior hedge

Underwrite a fixed epoch

Capital is locked while positions remain exposed. Premium and downside PnL come with the risk of losing capital when creator tokens rise.

Epoch capital

0 USDC

Epoch #1

Locked coverage

0 USDC

0 USDC available

Premium realized

0 USDC

Before protocol fees

Your epoch shares

0 USDC

Locked until close

Realized PnL

0 USDC

After settled position losses

Settlement deadline

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0 linked positions · max allocated loss 0 USDC

Epoch position

Epoch ID

USDC to allocate

Junior capital can lose value and cannot exit while linked positions remain open.