GOSCADA DERIVATIVES PROTOCOL

COMMUNITY X

GOSCADA
ON-CHAIN DERIVATIVES

A suite of peer-to-peer financial instruments built on PulseChain. No middlemen. No custodians. Your keys, your contracts.

Chain

PulseChain

Fee

≤ 0.5%

Custody

Non

Settlement

On-chain

Available Instruments

● Live

Options

The right, not the obligation, to buy or sell.

Lock in a price for SCADA today. If the market moves in your favour, exercise your option and profit. If not, simply let it expire — your maximum loss is the premium you paid.

CALL Right to buy SCADA at a set price — profits when price rises

PUT Right to sell SCADA at a set price — profits when price falls

RFQ Post a request — issuers fulfill and sell you the option atomically

COLLATERAL Fully cash-covered, no liquidation risk for buyers

Launch App →

○ Coming Soon

Futures

Lock in a price for a future date — both sides committed.

Agree today to buy or sell SCADA at a specific price on a specific future date. Unlike options, both parties are obligated to follow through — no walking away.

LONG Commit to buying SCADA at the agreed price — profits if price rises above

SHORT Commit to selling SCADA at the agreed price — profits if price falls below

SETTLEMENT Physical delivery — actual SCADA and PLS exchanged on-chain

RISK Both sides face unlimited upside and downside — no opting out

○ Coming Soon

OTC Trading

Fixed price. No slippage. Fully on-chain.

Trade SCADA peer-to-peer at a fixed price with no AMM slippage. One party posts an offer on-chain; the other fills it. No order book, no intermediary — just two parties and a price locked in a smart contract.

BILATERAL One seller, one buyer — a direct peer-to-peer swap at a fixed price

NO SLIPPAGE Price is set in the offer — large trades don't move the market

TRUSTLESS Funds locked in contract — neither party can default once committed

FLEXIBLE Any amount, any price — no minimum tick size or lot constraints

Futures — Full Guide

What is a futures contract?

A binding agreement between two parties to exchange SCADA at a set price on a set future date. No opting out.

The core idea

Unlike options, futures give you no choice — both the buyer and the seller are legally (and on-chain, contractually) obligated to follow through. Think of it as a handshake deal locked in code: once signed, neither party can walk away.

The price is agreed today, but the exchange of assets happens on the settlement date. This is useful when you need price certainty — you know exactly what you'll pay or receive, regardless of what the market does between now and then.

A concrete example

Today: SCADA trades at 400 PLS. Alice (buyer) and Bob (seller) agree on a futures contract: Bob will sell 1,000 SCADA to Alice in 60 days at 450 PLS each — a total of 450,000 PLS.

60 days later: SCADA now trades at 700 PLS. Bob must still sell at 450 PLS — Alice profits 250,000 PLS. If SCADA dropped to 200 PLS instead, Alice must still buy at 450 PLS — Bob profits.

Neither party can change their mind.

Who uses futures and why?

SCADA holders (hedgers) — lock in a selling price today to guarantee their exit price regardless of future volatility
Speculators — take a position on SCADA price direction without needing to hold the token upfront
Arbitrageurs — profit from differences between the futures price and the spot price

How SCADA Futures will work

SCADA Futures will be peer-to-peer, fully collateralised, and settled on-chain. The long side deposits PLS collateral; the short side deposits SCADA. At settlement, the contract automatically exchanges assets based on the agreed price. No oracles. No off-chain components. Settlement is deterministic and transparent.

Risks & Benefits

Futures give both parties certainty — but that certainty cuts both ways. There is no walking away from a bad trade.

For the long side (buying SCADA)

Benefits

Guaranteed purchase price — protected against SCADA price spikes
No upfront premium needed — enter the contract for free
Profit is uncapped if SCADA price rises significantly above the agreed price

Risks

Obligated to buy even if SCADA crashes — you pay above market price
Collateral is fully locked until settlement — no early exit
Potential loss is limited only by how far price can fall

For the short side (selling SCADA)

Benefits

Guaranteed exit price — sell your SCADA at the agreed price regardless of a crash
No premium costs — counterparty pays market price for certainty
Profit if SCADA price falls below the agreed future price

Risks

Obligated to sell even if SCADA surges — you miss out on upside above the agreed price
SCADA collateral locked until settlement
Cannot cancel the position if the market moves against you

Futures vs Options — the key difference

Options give the buyer a right. If the market moves against them, they walk away. Loss is capped at the premium.
Futures give both parties an obligation. Nobody can walk away. Loss can be much larger than any premium.
Futures have no premium — both sides take on symmetric risk in exchange for price certainty.
Choose options when you want a safety net. Choose futures when you need a guaranteed price.

OTC Trading — Full Guide

What is OTC trading?

Over-The-Counter trading is a direct deal between two parties at a privately agreed price, settled trustlessly on-chain.

The core idea

When you trade SCADA on a DEX like PulseX, you trade against a liquidity pool. The price you get depends on the pool size — and large trades push the price against you, a cost known as slippage.

OTC bypasses the pool entirely. One party posts an offer on-chain — specifying an exact amount of SCADA and an exact PLS price. Any willing counterparty can fill it. The agreed price is guaranteed. No pool. No slippage. No third party.

A concrete example

Alice wants to sell 10,000,000 SCADA. Selling that much on a DEX would crater the price and she'd receive far less than the current rate.

Bob wants to accumulate a large SCADA position without pushing the price up through repeated buys.

Alice creates an OTC offer on-chain: 10,000,000 SCADA for 4,000,000,000 PLS (400 PLS per SCADA) and deposits her SCADA. Bob fills the offer by depositing PLS. The contract swaps atomically — neither can default once committed.

Who uses OTC and why?

Large holders — sell significant SCADA positions without causing visible price impact on the DEX
Strategic buyers — accumulate large positions at a fixed price without moving the market against themselves
Precise deals — any bilateral swap where both sides want a guaranteed price and trustless settlement

How SCADA OTC will work

One party creates an OTC offer on-chain — specifying the exact amount of SCADA and the exact PLS price — and deposits their side of the deal into the contract. Any counterparty can fill the offer by depositing their side, and the swap executes atomically. If no one fills the offer, the creator can cancel and reclaim their deposit at any time.

Risks & Benefits

OTC is the simplest of the three instruments — a straightforward swap at an agreed price, with no moving parts after commitment.

Benefits & Risks

Benefits

Zero slippage — price is locked at negotiation, not determined by pool depth
No market impact — large trades stay off the order book and don't move the DEX price
Trustless settlement — neither party can default once deposits are committed on-chain
Privacy — the agreed price is only visible on-chain after the deal is locked, not before
Simplicity — no complex payoff structures, no expiry decisions, no exercise mechanics

Risks

Price risk — if SCADA moves significantly between offer creation and fill, one party got a worse deal than the spot market would have offered
No recourse if price moves — unlike options, there is no way to walk away once both sides have deposited

OTC vs the alternatives

vs DEX swap — OTC avoids slippage on large trades. A DEX swap is instant and permissionless but costly at scale.
vs Options — options give the buyer a right to exit if the price moves adversely. OTC has no such escape — once committed, both parties must complete the swap.
vs Futures — futures settle at a future date at an agreed price. OTC is typically settled immediately or within a very short window — it is a spot deal, not a forward.
Best for — holders and buyers moving large amounts of SCADA who cannot afford the slippage of a DEX.

Key terms

OTC — Over-The-Counter; any trade conducted directly between two parties outside of an exchange or AMM
Slippage — the difference between the expected price of a trade and the actual executed price, caused by pool depth
Atomic swap — both sides of the trade settle simultaneously in one transaction — either both succeed or neither does
Price impact — how much a trade moves the DEX price against the trader; OTC has zero price impact