Competitive Landscape
Last updated
Last updated
As of today, thereβs no existing platform with a similar value proposition like StackFi in the market. However, when considering our closest competitors from a platform perspective, traditional options exchanges and structured product issuers come to mind. When considering user needs, we could consider other DeFi platforms that offer similar yield-on-investment opportunities as potential competition. Our target customers fall into two categories:
Options Traders: Traditional options exchanges such as Deribit, OKX, and Bit.com excel in the primary market but lack secondary liquidity layers. StackFi isn't competing; we're complementing by aggregating liquidity across these markets. Think of us as the Skyscanner for options trading, only better. We integrate natural investment flows, catering to both individual options traders and structured product investors, aiming to minimize price slippage to virtually zero.
Structured Product Investors: Currently, investors using platforms like Matrixport and Binance see their returns diminished by high take rates and price slippage. If you're expecting a 20% APY but only receive half, we're challenging that norm. StackFi offers the same investment products but with significantly higher returns. Our transparent take rate is as low as 10%, far below the structured product industry's average take rate of 40%+.
We're focusing on two key elements: the ROI we provide to investors and our ability to deliver price efficiency. Among the industry players, there are three main groups: options exchanges, structured product issuers, and DOVs. Rather than becoming one of them, StackFi aims to complement these entities. We do this by pooling liquidity across markets and fostering competitiveness with these pure players in different dimensions.