Digital Option Contract

Item	Description
Products	Binary Call Option (Binary Call) Binary Put Option (Binary Put)
Payout Formula	Call if Reference Price > Strike then 1, else 0 Put if Reference Price <= Strike then 1, else 0
Underlying	WETH/USDC
Settlement Style	Ithaca settlement
Premium Currency	USDC
Strike Currency	USDC
Collateral Currency	Call USDC Put USDC
Collateral Amount	Call 1 Put 1
Collateral Management	Fully collateralized, pre-funded
Multiplier	1
Reference Price	ITHACA Reference Fixing
Expiry Dates	( Ithaca Expiry )