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<p>Ithaca Protocol is developing a non-custodial, composable option protocol aimed at creating permissionless cross-chain infrastructure for optimal risk sharing. Their offerings include an Option Trading Protocol, an Algorithmic Market Maker, and a Collateral Optimization Engine, with future plans for a margin lending and liquidation mechanism and decentralized governance. Ithaca emphasizes liquidity, composability, and cross-chain operability, leveraging partnerships like Axelar for enhanced interoperability.</p>

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<p>Ithaca is introducing a novel risk sharing primitive system that will allow for billions of option volumes to migrate on-chain while enabling a most efficient expression outlet for trillions of latent option and structured payoff demand.</p>

Ithaca Protocol

Ithaca is developing a non-custodial, composable option protocol aimed at creating permissionless cross-chain.

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KuCoin

Gate

Exchange	Pair	Last Price	Change (24H)	High (24H)	Low (24H)	Spread	Volume (24H)

KuCoin	ITHACA/USDT	USDT 0.002239 $ 0.002236	-12.1% -USDT 0.000308	USDT 0.002589	USDT 0.002	0.152%	$ 30.53K ITHACA 13.65M
Gate	ITHACA/USDT	USDT 0.001593 $ 0.001591	-6.51% -USDT 0.0001109	USDT 0.001714	USDT 0.001578	0.623%	$ 1.98K ITHACA 1.24M

Ithaca ProtocolITHACA

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