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Protect a position

KEEP THE POSITION.
PROTECT THE DOWNSIDE.

Set your exposure and how much of it to cover. Watchman quotes the cheapest live Down contract on DreamDEX and sizes the hedge to your premium budget.

Configure your protection

Simulated order, no funds needed

Asset

50%

Target: a hedge that can pay out $5,000.00 against your $10,000.00 position. What the market can actually fill is shown in the quote.

Protection window

A hedge is not a promise. Event Contracts are binary outcomes, not perfect puts. The payout can differ from the exact loss on your position, and Watchman always shows that difference.

Live quote

Somnia 50312

No usable live quote

Watchman reached DreamDEX and found no currently Trading market with Down liquidity for this asset and window. Try the other window, or check back in a moment.

Watchman re-checks the market on-chain immediately before sending any order. If the market stops trading, the quote is refused rather than filled at a stale price.