Ribbon x Paradigm.co

Ribbon Finance
2 min readApr 19, 2022


We’re thrilled to announce that we’ve partnered with Paradigm as their first DOV integration. With the goal of improving our auction process, we will revamp our flow as we leverage Paradigm’s liquidity network for crypto options.

“Ribbon Finance has been at the forefront of innovation in the DOV space since its inception and has cemented its bluechip status in the DOV market as evidenced by its industry leading market share.”

— Anand Gomes, CEO of Paradigm

What to look forward to in this partnership?

Paradigm and Ribbon Finance share a common goal of efficient auction settlement to better cater to our growing vaults. By improving the overall auction flow, our vault execution results in more competitive pricing — ultimately obtaining better yield for our users.

“We are delighted to bring Paradigm’s experience, expertise and network to deliver CeFi grade options liquidity to Ribbon’s vaults while maintaining the DeFi values the ecosystem has come to love”

— Anand Gomes, CEO of Paradigm

With an anticipated launch on May 13 2022, we’ll introduce the new auction flow to our T-WBTC-C vault and gradually roll it out to our other vaults in a phased approach.

We will outline our new auction flow and vault rollout timeline in an upcoming blog post. Stay tuned for our upcoming blog post for more details to come!

About Paradigm

Paradigm is a zero-fee, institutional liquidity network for crypto derivatives traders across CeFi and DeFi. The platform provides traders with unified access to multi-asset, multi-protocol liquidity on demand without compromising on execution preferences, costs and immediacy. The firm’s mission is to create a platform where traders can trade anything, with anyone and settle it anywhere.

Paradigm has the largest network of institutional counterparties in crypto with over 700 institutional clients trading over $10B per month including Hedge Funds, OTC Desks, Lenders, Structured Product Issuers, Market Makers, and prominent Family Offices.