Opium is a universal decentralized derivatives protocol that supports a wide range of custom financial contracts, including options. Panoptic is the first on-chain permissionless options protocol, focused specifically on options trading without intermediaries. Opium suits developers and users seeking flexible, multi-asset derivative creation, while Panoptic is best for traders who want a dedicated, permissionless options market.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $130.5KDefiLlama | $1.7MDefiLlama |
| MCap Rank | #4593 | — |
| Total Raised | $3.3M | $11.5M |
| Founded | 2019 | 2022-07 |
| Stage | — | — |
| X / Twitter | 11K | 21K |
| GitHub Stars | 37 | — |
| Chains | arbitrumbnb-chainethereum | baseethereumunichain |
| Tags | Derivatives, DeFi, Options | Options, Derivatives, DeFi |
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.
Panoptic is the first on-chain, permissionless options protocol that allows users to trade and provide liquidity for options without needing a counterparty. It enables undercollateralized option selling for greater capital efficiency and deeper liquidity, and supports portfolio margin for institutional risk management.