About usEmpowering options
trading on-chain

Arrow Markets brings a new paradigm to options trading on Avalanche, combining centralized efficiency and on-chain transparency.
Our RFQ (Request for Quote) enables traders to request quotes from multiple market makers with a single click, providing a simpler, faster, and more secure trading experience.

Cash-Settled

A single numeraire is used to settle all contingent claims. This means underliers can be on-chain or off-chain.

Self-Custody

Code is Law that replaces centralized settlement.

Versatile

Customize and combine options, call spreads, and put spreads.

The Technology Suite

The Arrow protocol implements pricing using an RFQ (Request for Quote) system with trusted market-making partners. Market Makers (MMs) seamlessly provide quotes for option contracts through an API. The creation and settlement of contracts occur on Avalanche's C-chain, and settlement is triggered by Chainlink Automation nodes.

LITEPAPER

Our Team

The Arrow Research Group was founded in 2020 by Patrick Kiefer and Edward Mehrez. Both are financial economists by training. At Cornell's Initiative for CryptoCurrencies and Contracts (IC3) workshop in July 2020, Patrick and Edward were joined by Austin Liu and Preston Rozwood to produce a nascent version of the Arrow protocol.

Founders

Patrick Kiefer

Co-Founder

Ph.D. in Finance from UCLA Anderson SOM, applied math undergrad. Formerly at Rayliant Global Advisors.

Edward Mehrez

Co-Founder

Previously at MKP. Math and Economics at UCLA and Ph.D. in Economics at Cornell (on-leave).

Core Team

Terrence Addison

Software Engineer

Bachelor's in Electrical Engineering and Computer Science from National Tsing Hua University. Former full-stack Engineer

Osama Arshad

Frontend Engineer

Previously a Frontend Lead at SocialTech.ai. Computer Science Bachelors from National University of Computer and Emerging Sciences (FAST-NUCES).

Dheeraj Chakilam

Chief Product Officer

Previously a Software Engineer at Jet.com. Master's and Bachelor's in Computer Science and Mathematics from Cornell University.

Dmytro Matviienko

Smart Contract Developer

Software Engineer with 12 years of experience, and has worked in the blockchain industry since 2018. BS in Computer Science from Conestoga College.

Michael Schuck

Growth Hacker

Studied Business Administration at Haas School of Business, UC Berkeley. Previously Marketing, Communications, and Governance for Regenerative Finance Projects. Project Development for NFTs.

Antenhe Tena

Smart Contract Developer

Computer Science, Information Technology Infrastructure, and Communication Studies at the University of Minnesota. Previously a Software Engineer at Accenture.

Ata Türkoğlu

Quantitative Researcher

Formerly an alpha researcher in high frequency predictive modeling of traditional financial assets. PhD. in Computational Finance from University of Essex.

Advisors and Consultants

Ayan Bhattacharya

Market Design Advisor

Faculty at UChicago. Previously, managed Structured Products desk for Goldman Sachs' joint venture Kotak Securities and faculty at CUNY-Baruch. PhD (Finance) Cornell, MS (Applied Math) Stanford.

Jeremy Coupe