
Wasabi
Wasabi is the first peer-to-peer, decentralized covered options protocol to issue and trade NFTs.

What is Wasabi?
Wasabi is an Ethereum-based options trading protocol that allows LPs to earn yields on their NFTs and traders to long and short collections affordably. It enables NFT holders to hedge their positions or profit from market downturns, earn sustainable passive income, and speculate on high-value NFTs. Using Wasabi, traders can also participate in high-value NFT markets without needing to afford the minimum price required to purchase a discrete increment, e.g. 1 full CryptoPunk.
Web3 dapps and developer tools related to Wasabi
Discover blockchain applications that are frequently used with Wasabi.
Developer resources from Alchemy

What is the Solana Geyser Plugin? A 2026 guide for builders
Learn what the Solana Geyser Plugin is, how it relates to Yellowstone gRPC, and when to use streaming over RPC. Updated for 2026.

Migrating NFT data from SimpleHash to Alchemy
This guide provides step-by-step examples for you to migrate NFT Data from SimpleHash to Alchemy.

How Axal built 9% APY automated savings with smart wallets
Axal: 9% APY DeFi savings via smart wallets. Sub-400ms deposits, 99% lower fees, automated multi-protocol diversification.
Wasabi alternatives
Explore web3 competitors and apps like Wasabi.
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

