AlphaX offers users some indicators to help user evaluate the best Strike Tokens that suit their investment strategies.
On AlphaX, there are Market price (M) and Oracle price (O). Users will buy and sell tokens at market price, but mint or redeem Strike Tokens at Oracle price.
Difference between Market price (M) and Oracle price (O), using Oracle price as a baseline which is calculated from (M-O)/O.
When Market price is higher than Oracle price (M>O), the AlphaX will show Premium of more than 0% (>0%).
When Market price is lower than Oracle price (M<O), AlphaX will show Discount of less than 0% (<0%).
How much more capital efficient when buying a Strike Token instead of the real asset. Calculated from Asset price/Strike Token price. Hence, the percentage gain/loss for the Strike token = Asset price percentage gain/loss*capital efficiency
This shows a Strike Token’s risk of being liquidated calculated from Liquidation Price/Market Price. The higher the Risk Level means the closer to liquidation as demonstrated by the battery level and color.