PROTOCOL STATS

Activity, economics and where the revenue goes.

Open interest

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Notional across open positions

Volume · 24h

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Last 24 hours

Volume · all time

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Since launch

Premium collected

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Paid by takers to makers

Fees & revenue

Fees · 24h

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Trading and settlement fees

Fees · all time

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Trading and settlement fees

Revenue · 24h

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Protocol fees

Revenue · all time

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Retained by the protocol

Fees by action

What Stryke charges for each action. Notional is the number of contracts × the underlying asset’s price, not the strike price.

Stryke fees charged per action, with the rate, what it is charged on, and any cap
Action	Fee	Charged on	Cap
Buy an option Paid on top of the premium when the fill confirms.	0.04%	Notional	12.5% of the premium
Sell an option Deducted from the proceeds when the sale confirms.	0.04%	Notional	12.5% of the sale price
Option settlement No protocol settlement fee currently, for either desk-backed or collateral-backed options. Desk delivery costs may still apply, capped at 12.5% of the payout; zero payout means no delivery charge.	0.00%	—	—
Redeem or claim a payout No additional protocol fee to collect a payout. Any settlement or delivery costs are already deducted.	0.00%	—	—
Refund an unfilled request No protocol fee. The premium, slippage allowance and fee held for an unanswered request are returned after its confirmation deadline.	0.00%	—	—

Buy an option

0.04%

Charged onNotionalCap12.5% of the premium

Paid on top of the premium when the fill confirms.

Sell an option

0.04%

Charged onNotionalCap12.5% of the sale price

Deducted from the proceeds when the sale confirms.

Option settlement

0.00%

No protocol settlement fee currently, for either desk-backed or collateral-backed options. Desk delivery costs may still apply, capped at 12.5% of the payout; zero payout means no delivery charge.

Redeem or claim a payout

0.00%

No additional protocol fee to collect a payout. Any settlement or delivery costs are already deducted.

Refund an unfilled request

0.00%

No protocol fee. The premium, slippage allowance and fee held for an unanswered request are returned after its confirmation deadline.

Example: a $10,000 notional trade at 0.04% costs $4 in protocol fees. With a $10 premium the fee is capped at $1.25, which is 12.5% of the premium. Network gas is separate; maker quotes may include venue costs and price improvements.

Protocol rates verified on Robinhood Chain on 6 October 2026. Rates can change.

How fees are distributed

Trading and settlement fees form protocol revenue, allocated below. Distributed weekly, every Friday at 08:00 GMT.

Amounts show each destination’s share of all-time revenue, not confirmed payouts.

Tokenized stocks → stakers
Purchases tokenized stocks and distributes them to stakers
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60%
$sykASH holders
Paid to $sykASH holders
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20%
Ops
Operations and protocol upkeep
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20%

Open interest counts the notional of positions that have not expired · volume counts the notional of every confirmed buy and sale · revenue is the protocol's trading and settlement fees