Ithaca Protocol focuses on cross-chain options trading, aiming to provide a Uniswap-like experience for options across different blockchains. Opium offers a broader platform for creating and trading any decentralized derivative, including but not limited to options. Ithaca is best suited for users seeking streamlined cross-chain options, while Opium appeals to those wanting to customize or trade a wide variety of derivative products.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $13.6KDefiLlama | $130.5KDefiLlama |
| MCap Rank | #4985 | #4742 |
| Total Raised | $2.5M | $3.3M |
| Founded | 2023 | 2019 |
| Stage | — | — |
| X / Twitter | 66K | 11K |
| GitHub Stars | 1 | 37 |
| Chains | arbitrumbnb-chainethereum | arbitrumbnb-chainethereum |
| Tags | Derivatives, DeFi, Options | Derivatives, DeFi, Options |
Ithaca is a non-custodial, composable options protocol on Arbitrum that uses an auction-based matching engine to provide deep liquidity for options, option strategies, and structured products. It consistently ranks among the top option protocols by volume and aims to become the leading cross-chain options infrastructure, akin to the Uniswap of options.
Opium is a decentralized derivative protocol that allows users to create, settle, and trade any type of derivative. It offers products like USDT de-pegging insurance and fixed interest rate investments, providing innovative risk management tools in DeFi.