Vision & Mission

Vision

What does the organisation aspire to become, or the impact it hopes to have?

• Becoming the pre-eminent location for the hedging of risk on-chain. Meaning that hedgers don’t choose to clear OTC they choose to clear with us. It means the largest on-chain Open Interest. Execution does not need to be on Jetstream in 5 years time.

• We want to see defi take hedging and the needs of those that want to hedge seriously to enable capital growth on-chain. It means serious open interest for futures not just perps.

• If we are successful, we can compare ourselves to traditional exchanges in volume terms. CME is 260x larger than Hyperliquid in volume terms, we want to play in that space.

Mission

What do we do to achieve the vision?

Jetstream is designed to unlock TradFi-grade liquidity in DeFi by enabling a wider diversity of traders and strategies to operate on a single capital-efficient platform.

What does it mean in practice?

• We bring a good enough user experience for all traders' demographics, with an incentive plan that provides early users with a significant upside in the success of the protocol.

• We make sure that basic use cases give equality or effective equality (the actual rather than optimal use case) of our main competitors.

• We need to talk about use cases for different users (such as hedging).

• We need to incentivise a group of prop traders, probably as a JV, to support and provide initial traction. Products do not equal traction; incentives do.

• Communication needs to be constant, tight, and targeted.