Potion Protocol is a scalable price-insurance AMM developed for the Ethereum eco-system. The protocol enables permissionless insurance for crypto-assets, with customisable strike prices and durations.

The protocol is based on the mathematical principles of the Kelly Criterion, to ensure long-term survival for LPs, even when insuring fat-tailed crypto assets.

User guides

Information on how to use the protocol for buyers and sellers

Potion User Guide

White papers

Kelly Optimal Bonding Curves

The Kelly Machine AMM

Bonding Curve Generation for Fat Tailed Models

Arbitrage Free Generation of Bonding Curves Using the Kelly Criterion

Technical documentation

Potion Smart Contract System Description

PDF versions