Stryx
Stryx helps you review DeFi Dual Investment positions from a self-custody wallet. The crypto Dual Investment workflow compares Buy Low and Sell High scenarios, target prices, expiry settlement, potential conversion, and key risks before authorization.
Dual Investment is a structured position tied to two assets, a target price, and an expiry time. You commit one asset and accept that settlement may occur in that asset or the paired asset according to the agreed condition. The quoted return compensates for accepting that uncertainty; it is not a guaranteed profit.
Stryx presents the direction, deposit asset, target price, expiry, quoted rate, and possible settlement assets before you approve. Read the complete terms because a favorable quoted rate does not prevent an unfavorable market outcome.
A Buy Low position starts with the supported quote or stable asset. If the reference price is at or below the target at expiry, settlement converts the committed amount into the target crypto asset at the agreed target price, plus the product return under the venue terms. If the reference price finishes above the target, settlement normally remains in the deposited asset. You may receive an asset that is already trading below your effective purchase price.
A Sell High position starts with the crypto asset you are prepared to sell. If the reference price is at or above the target at expiry, settlement converts that asset into the paired settlement asset at the target price, subject to the product terms. If the price finishes below the target, settlement normally remains in the deposited crypto asset. A sharp rally can mean giving up gains above the target price.
Assume a hypothetical USDC/ETH pair, a $3,000 target (strike), and expiry on Friday at 16:00 UTC. The venue observes its ETH reference price at that expiry. The scenarios ignore product return and fees so the conversion itself is explicit; they are illustrations, not quotes.
The venue applies its specified reference price and observation time. This may differ from a price shown elsewhere.
The final price is compared with the target using the exact Buy Low or Sell High settlement rule.
The resulting asset is credited according to venue timing, network conditions, and product terms. It may not be the asset you deposited.
You connect a master wallet, review available terms, and authorize the required transaction or a scoped executor-wallet permission. Depending on the route, approved funds may move from the master wallet to an executor wallet or venue contract for execution and settlement. Stryx does not require handing over your seed phrase, but “self-custodial” describes user-controlled authorization—not an assurance that committed funds remain in the master wallet or avoid contract, venue, or delegated-execution risk. Verify the executor, contract, network, token, allowance, target, and expiry before confirming.
For a deeper explanation, read What is Dual Investment? Read the mechanics guide and the dedicated Understand Dual Investment conversion and settlement risks.
No. The quoted rate is part of the product terms, but your result depends on settlement, asset prices, fees, venue performance, and technical execution. Profit is not guaranteed.
You retain control of the wallet and approve transactions or scoped permissions. Any approved smart-contract allowance or delegated permission still carries risk and should be reviewed carefully.
Not after the position is active. The expiry condition determines the settlement asset according to the terms accepted before execution.
Do not assume early exit is available. Availability depends on the specific venue and product terms shown before confirmation.