Contracts

Deployed contract addresses for ETH Strategy on Ethereum mainnet and Derive chain.

All ETH Strategy contracts are deployed on Ethereum mainnet. ESPN options execution operates on the Derive chain.


Ethereum Mainnet — ETH Strategy Core

Contract
Type
Address

All core contracts are verified on Etherscan. StratToken extends ERC20Permit (EIP-2612) with authorized minting and burning. StratOption represents call options over STRAT, used to represent the option component of issued convertible notes and presale allocations.


Ethereum Mainnet — ESPN (Perpetual Note)

Contract
Type
Address

ESPN Token (EthStrategyPerpetualNote)

ERC-4626 Vault

ESPN Redemption Queue

Deploying soon

Staked ESPN LP (StakedEthStrategyPerpetualNoteLP)

ERC-4626 Vault

ESPN/USDS Uniswap V3 Pool (UniswapV3Pool)

AMM Pool

Proxy Contracts

Contract
Proxy
Implementation

Arrakis ESPN/USDS LP

The Arrakis vault uses the EIP-1967 Beacon Proxy pattern — the implementation can be upgraded by the beacon owner (Arrakis governance), not by ETH Strategy.

Bridge

Contract
Type
Address

Dedicated Derive Bridge (Vault)

Socket Bridge

Rate-limited bridge vault for cross-chain USDS transfers to Derive chain for options execution.


Multisigs

All multisigs use Safearrow-up-right (v1.4.1). Each is a SafeProxy delegating to the shared Safe singleton at 0x4167…61aarrow-up-right.

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ETH Strategy uses Safe's nested multisig hierarchy. Each sub-multisig (Liquidity, Staking, Puttable Warrant, Perpetual Note) inherits from the main ETH Strategy Multisig, distributing operational control across functional domains while maintaining a unified governance structure. See Governance & Alignment for parameter bounds and the decentralization roadmap.


Derive Chain

Contract
Type
Address

Option Execution Multisig

Safe

Deposit Subaccount


Upcoming Contracts

The following contracts are part of the upcoming release and will be deployed before permissionless launch. Addresses will be published here once deployed.

Contract
Type
Description
Status

esETH

ERC-20

Non-rebasing unified LST wrapper pegged 1:1 with ETH — the treasury denomination layer

Deploying soon

CDT (Convertible Debt Token)

ERC-20

Fungible protocol debt token

Deploying soon

EthStrategyConvertibleNote

ERC-721

Bonding, note issuance, conversion, and redemption

Deploying soon

StakedStrat

ERC-4626 Vault

On-chain STRAT staking with 7-day reward streaming

Deploying soon

StratETHTreasuryLend

ERC-721

Fixed-rate, fixed-term lending with NFT positions

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Core protocol contracts (esETH, CDT, EthStrategyConvertibleNote, StakedStrat) have completed audits. Reports will be published alongside the code before permissionless launch. StratETHTreasuryLend will be audited separately before its Q2 2026 deployment. See Audits for current status.


Compiler & Verification

All ETH Strategy contracts are compiled with Solidity v0.8.20, verified on Etherscan with exact source match, and use OpenZeppelin's Ownable2Step for ownership transfers. Third-party contracts (Uniswap, Arrakis, Socket) use their respective compiler versions.

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