Convert OPerps to USDC

Step 1 – To check your holdings, view them either in Operps token count or in USDC balance. Select the options contract (Call or Put) in the Asset selection window, choose your asset, and then the “Long Call Options” or “Short Call Options” tab in the buy and sell box to see your Operps token and USDC balance above the “Buy and Sell” buttons.

Step 2 – To view your holdings in US Dollars, go to the “Positions” Tab in the order history window. Here, you can see both Long and Short Operps token balances in US Dollars, along with investment amount, current balance, estimated balance in the next cycle, and profit/loss percentage.

Step 3 – Download detailed profit and loss data by selecting “Download PnL History” in the order history window's top right corner.

Step 4 – To sell your Operps tokens, choose the token from your positions tab and click “Sell.”

Step 5 – In the confirmation window, select whether to sell all or part of your holdings. For this instance, we are selling the entire holdings.

Step 6 – After placing the sell order successfully, an acknowledgment pop-up will appear.

Step 7 – The order moves to the “Open Orders” section for processing during the ongoing cycle settlement.

Step 8 – Once the sell order is executed, tokens will convert from Operps to USDC and sit in the vault, keeping your wallet's USDC balance unchanged.

Step 9 – Visit the “Withdraw” tab, click “Withdraw” next to the available balance, and approve any wallet authentication pop-ups.

Step 10 - After a successful withdrawal, an acknowledgment pop-up confirms the claim.

Step 11 – Verify the updated USDC balance in the “Buy and Sell” box as a confirmation of the successful transaction.