In 2021, Thetanuts Finance (NUTS) was launched as a decentralized on-chain options protocol, aiming to address the lack of options trading for altcoins in the cryptocurrency market.
As a pioneering protocol focused on altcoin options, Thetanuts Finance plays a crucial role in the DeFi and options trading sectors of the crypto ecosystem.
As of 2025, Thetanuts Finance has become an important player in the on-chain options market, offering users the ability to go long or short on altcoin options. The protocol has evolved from its initial Basic Vaults to a more comprehensive v3 architecture, expanding the use cases for on-chain options trading.
Thetanuts Finance was created in September 2021, with the goal of providing a platform for altcoin options trading in the decentralized finance space. It was born during the DeFi boom, aiming to expand the range of financial instruments available to crypto traders and investors.
The launch of Thetanuts Finance brought new possibilities for risk management and yield generation in the altcoin market.
With ongoing development and community support, Thetanuts Finance continues to optimize its technology, security, and real-world applications in the DeFi options market.
Thetanuts Finance operates on a decentralized network, free from control by traditional financial institutions. This decentralized nature allows for greater user autonomy and resilience in the options trading ecosystem.
Thetanuts Finance utilizes blockchain technology to ensure transparency and immutability of transactions. The protocol's smart contracts and operations are recorded on the blockchain, allowing for trustless execution of options trades.
Thetanuts Finance employs smart contract technology to automate and secure options trading. The protocol's design ensures fair pricing and execution of options contracts without the need for intermediaries.
Thetanuts Finance uses cryptographic techniques to secure transactions:
This mechanism ensures the security of funds and maintains transparency in trading activities.
The v3 architecture further enhances security and functionality by integrating lending markets and liquidity pools, expanding the potential use cases for on-chain options trading.
As of November 23, 2025, NUTS has a circulating supply of 2,738,810,894.959447 tokens, with a total supply of 10,000,000,000.
NUTS reached its all-time high of $0.0442 on May 20, 2024. Its lowest price was $0.001243, occurring on November 21, 2025. These fluctuations reflect market sentiment, adoption trends, and external factors.
Click to view the current NUTS market price

NUTS ecosystem supports various applications:
NUTS has established cooperation with Uniswap v3, enhancing its technical capabilities and market influence. These partnerships provide a solid foundation for NUTS ecosystem expansion.
NUTS faces the following challenges:
These issues have sparked discussions within the community and market, driving continuous innovation for NUTS.
NUTS community is vibrant, with 1,746 holders as of November 23, 2025.
On X platform, related posts and hashtags (such as #NUTS) frequently trend.
Price movements and protocol upgrades ignite community enthusiasm.
Sentiment on X shows polarization:
Recent trends show cautious optimism amidst market fluctuations.
X users actively discuss NUTS's regulatory uncertainties, DeFi risks, and potential for financial innovation, showcasing both its transformative potential and the obstacles to mainstream adoption.
NUTS, through blockchain technology, is redefining decentralized finance by offering on-chain options trading and yield generation. Its active community, rich resources, and strong market performance make it stand out in the cryptocurrency field. Despite facing regulatory and technical challenges, NUTS's innovative spirit and clear roadmap secure its important position in the future of decentralized technology. Whether you're a novice or an experienced player, NUTS is worth watching and participating in.
Nuts in food are edible seeds or fruits with hard shells, rich in protein, healthy fats, and nutrients. Common examples include almonds, walnuts, and cashews.
In slang, "nuts" often means crazy, enthusiastic, or extreme. In crypto, it might refer to extreme price movements or intense market activity.
Nuts provide healthy fats, protein, fiber, and nutrients. They can improve heart health, reduce inflammation, and support weight management when consumed in moderation.
NUT stands for 'Network Utility Token'. It's the native cryptocurrency of the NUTS blockchain ecosystem, designed to facilitate transactions and governance within the network.
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