Echooo X Jasper Vault “First Trade Always Win” Campaign’

5 min readDec 20, 2024

If you make a profit, grab your winnings right away！
If you incur a loss, you will get your premium fees back！ (Limited to 30 min 0.2 ETH DEGEN option via Echooo Wallet).

Degen 30-Min Options: Leveraged Trading Made Easy

Our flagship Degen 30-Min Options product lets you predict the direction of ETH’s price over short periods (i.e., 30 minutes). With leverage as high as 500x, you can control significantly larger positions by paying just a small premium upfront.

● Capital Efficiency: While spot trading requires significant upfront capital, options allow you to trade larger positions with less.

● Profit Potential: In options, profits can grow exponentially with price movements compared to spot trading.

● Risk Control: Unlike perpetual contracts (perps), options on Jasper Vault have no liquidation risks, as the maximum downside is capped at the premium paid.

Example: Profiting up to 500x Leverage (No Liquidation Risk)

Here’s how you can profit on Jasper Vault:

Scenario:

Trade Size: 0.2 ETH
Trade Value: $800 (ETH current price = $4000, $4000 × 0.2)
Trading Period: 30 minutes
Premium Paid: $2 USDT
Prediction: ETH’s price will rise.

Outcome:

ETH’s price increases by $30 within 30 minutes, reaching $4,030.

● Gross Profit:
$30 (price change) × 0.2 ETH (option size) = $6

● Net Profit:
$6 (gross profit) — $2 (premium) = $4

High Leverage, Higher Returns

With just $2 as your initial investment (the premium paid), you control a $800 trade value, achieving 400x leverage. This means you’re gaining exposure to a much larger position with minimal capital.

ROI returns: $4 (net profit) ÷ $2 (premium) = 200% ROI in just 30 minutes
Without leverage, you’d need to invest $800 upfront to achieve the same $4 profit.
If you applied the same strategy with $800 as the premium, your net profit could reach approximately $1600, showcasing the immense earning potential of Jasper Vault’s leveraged options strategy.

No Liquidation Risk, Maximum Downside Capped

Unlike perpetual contracts, where a levered position can be liquidated even with small market movements, Jasper Vault eliminates liquidation risks. Your maximum loss is always capped at the premium paid, making it a safer and more predictable alternative to traditional leveraged perp trading.

How to Use Jasper Vault: Step-by-Step Guide

1. Download the Echooo app onto your device.

Link: https://www.echooo.xyz/

2. Sign in to the Echooo app on your device.

3. Fund Your Account

● Go to the Wallet tab and select Arbitrum network.

● Click on Receive to get the QR code and/or the address of your wallet on Echooo app.

4. Click Jasper Vault’s Banner in Echooo App

5. Place a Trade on Arbitrum network

● Choose ETH

● Choose between a “Call” (price goes up) or “Put” (price goes down)

● Select the trade size (e.g., 0.2 ETH, 0.5 ETH, or 1 ETH). Only 30 min 0.2 ETH DEGEN options traded in Echooo wallet are eligible for the premium loss refund.