Funding
Funding not disclosed
Founders
Product
Problem
Traders on Solana lack a simple, on‑chain method to implement covered call strategies without building custom smart contracts, leading to high development overhead and delayed premium capture.
Solution
Mori Finance offers a web interface that lets users create and sell covered call options directly on the Solana Devnet. Users connect their wallet, specify a strike price, and the platform automatically locks the underlying asset while issuing the call contract. Premiums are transferred to the seller’s wallet instantly upon order execution. The service abstracts the underlying smart‑contract interactions, enabling developers and traders to test and deploy covered call positions with minimal latency and no code.
Target Audience
Primary users are Solana developers and crypto traders who want to execute covered call strategies quickly and without custom contract development.
Features
- One‑click wallet connection to Solana for immediate participation
- UI for setting strike prices and expiration parameters without writing code
- Automatic on‑chain locking of the underlying token to secure the covered call
- Instant premium settlement to the seller’s wallet upon contract creation
- Operates on Solana Devnet, providing low‑latency testing environment for developers