Ithaca Protocol is a cross-chain options AMM modeled after Uniswap, allowing users to trade options across multiple blockchains. SIREN is an Ethereum-based options protocol that requires full collateralization, supporting any ERC-20 token as the underlying asset. Ithaca suits traders seeking cross-chain exposure, while SIREN is better for users prioritizing risk mitigation through full collateral.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $13.5KDefiLlama | $286.8KDefiLlama |
| MCap Rank | #4890 | #6477 |
| Total Raised | $2.5M | $5.2M |
| Founded | 2023 | 2020 |
| Stage | — | — |
| X / Twitter | 66K | 0 |
| GitHub Stars | 1 | 41 |
| Chains | arbitrumbnb-chainethereum | arbitrumbnb-chainethereum |
| Tags | Derivatives, DeFi, Options | AI Agent, AI, MEME |
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.
SIREN is a decentralized protocol for creating, trading, and redeeming fully-collateralized options on any ERC-20 token. It operates without oracles, using a MarketsRegistry contract to coordinate individual markets.