Super Defi

Efficient DeFi - ERC1155 tokens enable stacked options and next gen derivates

Super Defi

Created At

ETHGlobal New Delhi

Winner of

Citrea

Citrea - DeFi Bapps 2nd place

Project Description

Super DeFi is a revolutionary DeFi protocol enabling capital-efficient, composable European-style options. Each purchased option mints an ERC1155 token, which can then be used as collateral to create subsequent option layers, unlocking theoretically infinite liquidity efficiency. Writers earn premiums across multiple layers, while buyers gain flexible exposure to underlying assets like BTC or ETH. Unlike traditional options that lock fresh collateral per contract, our layered design multiplies capital utility, reduces inefficiencies, and enables deep, liquid markets. Fully settled at maturity via oracles, the protocol combines security, automation, and composability, empowering retail traders, protocols, and institutions to optimize yield and risk management in decentralized finance.

Key Features:

European Settlement: Options can only be exercised at maturity. Layered Collateralization: Option tokens are used as collateral for subsequent options. Premium Flow: Buyers pay premiums to writers at each layer. Risk Management: Contingent payout chains limit exposure per layer.

How it's Made

Tech Stack

Smart Contracts: Solidity 0.8.28, OpenZeppelin ERC1155 + ReentrancyGuard

Testing: Hardhat + Foundry + Node.js native test runner (node:test) + Viem

Frontend: React + ethers.js / Viem, supports MetaMask / WalletConnect

Oracle Integration: Chainlink-compatible MockPriceFeed with time oracle for deterministic testing

Deployment Network: Citrea Testnet (cBTC as gas token, Chain ID: 5115)

background image mobile

Join the mailing list

Get the latest news and updates

Super Defi | ETHGlobal