Thetanuts Finance (NUTS)
1. Fundamental Analysis
1.1 Introduce
Thetanuts Finance is a decentralized on-chain options protocol focused on altcoin options, allowing users to go long or short on on-chain options.The first iteration of Thetanuts Finance in September 2021 saw the launch of Basic Vaults — where the Basic Vaults sold out-of-money (“OTM”) European cash-settled options to accredited market makers, and generate yields for users in the form of option premiums.With the v3 upgrade, Thetanuts Finance will pivot toward a decentralized on-chain options protocol focused on altcoin options. Our first-to-market v3 architecture uses our existing Basic Vault LP Tokens to extend new use cases in on-chain options trading — enabled by a Lending Market and Uniswap v3 Pools, which are all housed within the v3 interface.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | NUTS | Market Cap | 4875901.8 |
| Name | Thetanuts Finance | White Paper | -- |
| Web Site | https://www.thetanuts.finance/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | 2024-05-20 |
| Available Supply | 1055390000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.00462 | 0.00462 | 0.00462 | 0.00462 | 0.0 |
| 2024-12-31 | 0.0046 | 0.00468 | 0.00458 | 0.00462 | 463.9783047 |
| 2024-12-30 | 0.00486 | 0.00494 | 0.00457 | 0.00458 | 4897.4303879 |
| 2024-12-29 | 0.00496 | 0.00496 | 0.00496 | 0.00496 | 92.26592 |
| 2024-12-28 | 0.00493 | 0.00496 | 0.00493 | 0.00496 | 198.7019258 |
| 2024-12-27 | 0.00491 | 0.00494 | 0.00488 | 0.00493 | 835.0908209 |
| 2024-12-26 | 0.00507 | 0.00507 | 0.00489 | 0.00489 | 665.0925294 |
| 2024-12-25 | 0.00509 | 0.00509 | 0.00504 | 0.00504 | 125.5166916 |
| 2024-12-24 | 0.00515 | 0.00515 | 0.0051 | 0.00513 | 180.0920801 |
| 2024-12-23 | 0.00501 | 0.00516 | 0.00499 | 0.0051 | 2439.9939523 |
| 2024-12-22 | 0.00525 | 0.00525 | 0.00506 | 0.00506 | 2121.1148115 |
| 2024-12-21 | 0.00568 | 0.00574 | 0.00527 | 0.00527 | 507.8269331 |
| 2024-12-20 | 0.00568 | 0.00574 | 0.0055 | 0.0057 | 2741.1039466 |
| 2024-12-19 | 0.00621 | 0.00622 | 0.00574 | 0.00574 | 1556.0780182 |
| 2024-12-18 | 0.00615 | 0.00652 | 0.00606 | 0.00622 | 4765.0726708 |
| 2024-12-17 | 0.00727 | 0.00729 | 0.00609 | 0.00614 | 11748.2092125 |
| 2024-12-16 | 0.00676 | 0.00935 | 0.00672 | 0.00729 | 50667.3095292 |
| 2024-12-15 | 0.00511 | 0.00695 | 0.0051 | 0.00656 | 20208.9712524 |
| 2024-12-14 | 0.00517 | 0.00528 | 0.00509 | 0.00514 | 6668.3418456 |
| 2024-12-13 | 0.00492 | 0.00526 | 0.00488 | 0.00513 | 4702.478768 |
| 2024-12-12 | 0.00462 | 0.00502 | 0.00462 | 0.00488 | 6772.5472272 |
| 2024-12-11 | 0.0044 | 0.0047 | 0.00433 | 0.0047 | 1110.4125647 |
| 2024-12-10 | 0.00444 | 0.00463 | 0.00428 | 0.00438 | 2224.7495221 |
| 2024-12-09 | 0.00517 | 0.00517 | 0.00443 | 0.00445 | 2110.6843802 |
| 2024-12-08 | 0.00518 | 0.00521 | 0.00503 | 0.00516 | 3963.9642051 |
| 2024-12-07 | 0.00543 | 0.00545 | 0.00518 | 0.00518 | 2440.1780429 |
| 2024-12-06 | 0.00507 | 0.00554 | 0.00507 | 0.00543 | 8398.0832988 |
| 2024-12-05 | 0.0046 | 0.00541 | 0.00454 | 0.00505 | 20940.4763133 |
| 2024-12-04 | 0.00433 | 0.00486 | 0.00432 | 0.0046 | 8040.5393062 |
| 2024-12-03 | 0.0039 | 0.00463 | 0.0039 | 0.00433 | 6405.1234408 |
2.2 Analysis
The recent price action displays a volatile yet ultimately bullish trend. Short-term corrections are expected, but the overall trajectory points towards further price increases in the coming weeks. Significant volume spikes coincide with periods of both substantial gains and losses, suggesting considerable market interest and potential for continued price fluctuations. Sustained price consolidation above the 0.005 level is crucial for confirming the bullish outlook. However, a decisive break below 0.0045 could signal a shift to a bearish trend. Caution is advised, and close monitoring of volume and price action around key support and resistance levels is recommended.
