BetterBarter BTC² is a decentralized finance (DeFi) protocol on Ethereum, that aims to transform the way traders interact with the cryptocurrency market. BTC² provides quadratic price exposure on Wrapped Bitcoin (WBTC) through a Power Perpetual mechanism. This mechanism empowers traders to capitalise on advanced trading and hedging strategies in a secure, decentralized, and user-friendly way.

The BTC² Perpetual Index is designed to offer global options-like exposure without the need for strike prices or expiration dates. As the price of WBTC doubles, the value of the BTC² Perpetual Index quadruples, reflecting the quadratic exposure of the instrument. This asymmetric upside potential, comes with a cost - holders of long positions in the BTC² Perpetual Index must regularly pay a premium yield to those holding short positions.

By consolidating a substantial portion of options market liquidity into a single, versatile instrument, the BTC² Perpetual Index has the potential to revolutionise the trading landscape.

Traders can leverage the benefits of quadratic exposure while enjoying the simplicity and accessibility of BetterBarter