Overview

• What: Joyride is building a non-custodial, decentralized crypto options exchange specializing in 0DTE (Zero Days to Expiration) options. Their long-term vision is an "Agentic-First" platform where AI agents and automated algorithms natively navigate markets, bridging the gap between sophisticated institutional market-making tools and retail crypto enthusiasts seeking massive asymmetric upside.
• Why: The platform's competitive advantage lies in its structural design: offering 100x leverage with zero liquidation risk by utilizing options instead of perpetual futures. This innovation solves the primary friction point of "cascading liquidations" and accidental wipeouts on directional bets. Furthermore, the ecosystem features a Rust-built microsecond matching engine, institutional-grade liquidity, and API-first tooling for seamless AI agent deployment.
• How: Users can engage via an intuitive decentralized retail application for one-click trading directly from their wallets, or leverage the developer SDK, API, and MCP Server to run autonomous AI trading agents. All trades and options expirations are settled on-chain for total verifiability, while a high-performance Rust engine manages order matching and provides real-time Greeks (Delta, Gamma, Theta, and Vega).
• Who: Founded by a seasoned team including Micah Alcorn (Founding CEO and early Origin Protocol contributor), Matthew Liu (Cofounder of Origin Protocol), and (Cofounder of Origin Protocol). The leadership possesses deep ties to the Solana ecosystem and decades of experience across DeFi, crypto options market making, and consumer internet. of QCP Capital serves as a strategic advisor.