Uponly Documentation
  • Welcome
  • Getting Started
    • How it works
    • Options Trading
    • Perpetuals Trading (coming soon)
  • Leverage (coming soon)
  • Uponly $5,000,000 Giveaway
  • About
    • Fee Structure
    • Referral Program
    • Founders Pool
    • Security & Audits
  • Vision & Roadmap
  • Tutorial
    • Step by Step Guide
  • FAQ
    • Frequently Asked Questions
  • Extras
    • Official Links
    • Legal
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On this page
  • 🕒 Choose Your Commitment
  • 🔐 How It Works
  • 💥 Why This Matters
  • 💸 Duration-Based Fee Model
  1. Getting Started

Options Trading

Time-Locked Trading. Volume-Boosted Growth.

The Options Trading Module brings a new layer of design to UPONLY — one that combines predictable holding periods with enhanced price performance. Every time a user buys UP, similar to options trading, they choose a maturity duration that aligns with their goals.

This mechanism increases volume, reduces speculation, and accelerates price growth — all while giving users complete control over their funds.


🕒 Choose Your Commitment

When buying UP tokens, users must select a fixed duration for how long they want to hold:

  • 3 days

  • 7 days

  • 14 days

  • 1 month

  • 2 months

  • 3 months

  • 6 months

Each duration is tied to its own smart contract, which holds the user’s tokens until the maturity date.


🔐 How It Works

  1. Buy UP and Choose Duration The user selects one of the available options and buys UP tokens. These tokens are deposited into a time-locked smart contract associated with the selected duration.

  2. Tokens Are Locked, Not Lost The user can sell the UP tokens anytime before the maturity date — triggering an early withdrawal. However, the tokens themselves cannot be withdrawn from the contract. UP tokens must be sold back to USDC before being able to withdraw.

  3. Automatic Maturity Sale Once the selected duration ends, the smart contract automatically sells the UP tokens for USDC and allows the user to withdraw the USDC.

    • No manual action is needed.

    • The system handles everything in a trustless, autonomous way.

  4. Early Exit = Early Sale If a user wants to exit early, they can sell their tokens at any time before maturity. The tokens are burned and converted to USDC — which can then be withdrawn.


💥 Why This Matters

  • Every buy locks in a future sell, creating predictable price-boosting volume.

  • No one can hold past their chosen duration, guaranteeing sell-side activity — which increases price due to ALM™.

  • Volume is consistent and protocol-driven, not based on trader emotions.


💸 Duration-Based Fee Model

Longer commitments come with greater benefits — and slightly higher protocol fees, which help grow the ecosystem even more.

  • Short durations (3-14 days): Lower fees, quick access.

  • Long durations (1-6 months): Higher fees, higher impact.

This fee structure ensures long-term holders contribute more to the protocol’s upward trajectory, while short-term users benefit from flexibility.

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Last updated 1 month ago