Decentralized OTC
Derivatives Protocol
What is
Siprifi
A decentralized protocol that re-engineers OTC protection contracts as two-sided, continuously priced markets.
The Problem
Traditional OTC derivatives lock capital in static positions. When markets crash, liquidity disappears and protection becomes unavailable precisely when needed most.
The Solution
By modeling each derivative as a prediction market with YES/NO outcomes, Siprifi enables continuous pricing, two-sided liquidity, and capital reuse across uncorrelated risks—solving the fundamental liquidity problem that plagues traditional protection markets.
How It Works
Market Creation
OTC derivative is modeled as a binary outcome market with continuous pricing
Liquidity Provision
Capital providers take NO-side positions, issuing protection as tradable shares
Capital Reuse
NO shares serve as collateral for other uncorrelated markets, multiplying efficiency
Settlement
Oracle verifies outcome and triggers automatic payouts via smart contracts
Risk Mitigation
/ From static protection to marketized resilience
Concentration-Aware Liquidation
Dynamic health factor calculation that accounts for position concentration and market depth
Liquidation Incentives
Market-driven liquidation bonuses ranging from 5-10% with native flash loan support for capital efficiency
Integrated Mitigation
Fear becomes liquidity. Two-sided participation eliminates locked escrow, creating continuous market depth
Terminal Event Handling
Protocol-level backstops and governance-triggered circuit breakers for extreme market conditions
Risk Disclosure: Siprifi cannot eliminate all risks. Users remain exposed to smart contract vulnerabilities, oracle failures, and extreme market volatility. Siprifi is not a guarantee of profitability or solvency.
© 2026 Siprifi Protocol. All rights reserved.
Documentation
Learn how to build, integrate, and trade on Siprifi
Risk Mitigation
The Siprifi protocol operates on a principle of marketized risk rather than static insurance.
Whitepaper
Deep dive into the protocol architecture
Siprifi Thesis
The vision of Siprifi to re-writte the OTC derivatives
Video Tutorials
Learn how to use Siprifi through step-by-step video guides
Welcome to Siprifi
A brief overview of the first product Siprifi is developing: Credit Default Swaps
Re-architecting OTC Markets
How OTC derivatives evolve into structured market protocols
Capital Efficiency Engine
Why Siprifi unlocks liquidity where others fail