Where does the name come from?Oiler historically is a person working on an engine of an industrial mechanism. It is a tribute to hard working protocol engineers and builders. It is also a word play on oil (Ethereum gas), and Euler name. It combines tireless engineering work, gas trading and mathematics behind finance.InstrumentsWhile we are waiting for EIP-1559, Oiler delivers the initial set of instruments — binary options for hashrate, block gas limit and block times. They are fully collateralized — each option contract locks 1 USDC until option expiry or exercise (whichever comes first). Important thing to notice is that Oiler does not deliver a&nbsp;‘gambler’s type’&nbsp;binary options that have the strike price set at the current market price (so you would only bet about the direction of the price move at the given moment). Oiler delivers binary options in the format as they are known in TradFi — the strike price is set away from the current market price and the holder of the option receives a 0 or 1 USDC payout depending on whether the strike price is reached before the expiry. Because of this 0 or 1 payout, the binary options are also called digital or cash-or-nothing options.Option TypesBased on price movement direction and the behaviour around the <a href="https://docs.oiler.network/oiler-network/strike-price" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">strike</a> price:<ul><li>​<a href="https://docs.oiler.network/oiler-network/option-types/put-option" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">put option</a>​</li><li>​<a href="https://docs.oiler.network/oiler-network/option-types/call-option" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">call option</a>​</li></ul>Based on the behaviour dictated by the <a href="https://docs.oiler.network/oiler-network/underlying" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">underlying</a>:<ul><li>​<a href="https://docs.oiler.network/oiler-network/option-types/hashrate-option" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">hashrate option</a>​</li><li>​<a href="https://docs.oiler.network/oiler-network/option-types/capacity-option" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">capacity option</a>​</li><li>​<a href="https://docs.oiler.network/oiler-network/option-types/ice-age-option" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">ice age option</a>​</li><li>​<a href="https://docs.oiler.network/oiler-network/option-types/gas-option" rel="noopener noreferrer" target="_blank" style="color: rgb(243, 121, 12);">gas option</a></li></ul>

Oiler’s Balancer LBP Event

How to Use LBP

Liquidity

Ecosystem

Foundation

Team

Advisory

Private C

Oiler Network

Oiler Protocol provides instruments for trading / betting on changes in blockchain protocol parameters.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Historical data tab for %name% in USD for download and research

Historical Data for %name% in USD

Oiler NetworkOIL

Historical Data for Oiler Network