Raven Market

3 min read

A decentralized digital options trading protocol on Canton Network. Pick a direction, know your payout upfront, and let the protocol settle every outcome transparently on-chain.

🔒 Private Beta — Whitelist Required

Raven Market is currently in private beta. Trading is available to whitelisted users only and access is being opened in cohorts. To join, visit app.raven.market and log in with Loop Wallet to apply for the waitlist. You will be notified when your cohort is granted access.

Understand what digital options are and why they're different.

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Contract Lifecycle

How daily and weekly contracts open, trade, settle, and reset.

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Closing Positions

Exit early — fully or partially — before expiry.

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AMM & Pricing

How Raven's coupled AMM prices options — self-balancing, solvent by design.

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Disclaimer

Risks, limitations, and terms to understand before you trade.

What is Raven Market?

Raven Market is a decentralized protocol for trading digital options on crypto assets, built on Canton Network. Each contract pays a fixed, predetermined amount — or nothing — depending on whether the underlying asset price lands above or below a strike price at expiry.

The premise is simple: form a view on price direction, commit your stake, and wait for settlement. No leverage to manage. No margin calls. No liquidations. Your maximum loss is always your entry stake — nothing more.

🔷 Built on Canton Network

Raven Market runs on Canton — a privacy-preserving, enterprise-grade distributed ledger with sub-second finality and deterministic smart contract execution. Unlike EVM chains, Canton provides privacy by default and a fundamentally different wallet and identity model. Raven is one of the first consumer-facing DeFi protocols built natively on Canton.

At Launch

Feature	Launch State
Underlying Market	CC (Canton Coin) — USD-denominated price
Contract Cadences	Daily and Weekly
Collateral Currency	CC (Canton Coin)
Settlement Oracle	Chainlink
Liquidity Model	Protocol-seeded pool (no LP deposits required)
Custody	Non-custodial, permissionless

Additional assets (BTC, ETH, and other major markets) and USDC-denominated contracts (USDCx) are on the roadmap as the protocol scales.

Why Raven Market?

Perpetuals dominate on-chain derivatives — but they come with funding rates, liquidation cascades, and a need for constant position management. Vanilla options add Greeks, volatility surfaces, and active hedging on top.

Raven strips it all back. Digital options are the cleanest expression of directional conviction: pick a direction, define your risk, and wait. No open-ended downside. No complexity. No surprises at settlement.

Feature	Raven Digital Options	Perpetuals	Vanilla Options
Max loss	Stake only	Full margin + more	Premium only
Liquidation risk	None	Yes	None
Funding rates	None	Continuous	None
Complexity	Low	High	Very High
Payout certainty	Fixed, known before entry	Open-ended	Variable above strike
Position management	Set and forget	Active required	Active required

Quickstart