Description
Divergence is a decentralized platform designed for creating and trading cryptocurrency options and volatility derivatives. It operates in the decentralized finance (DeFi) space, catering primarily to Ethereum and Binance Smart Chain users. The platform allows participants to mint, trade, and exercise options, which are financial derivatives that give the holder the right but not the obligation to buy or sell an underlying asset at a specified price within a certain period. Divergence focuses on enabling users to hedge against price volatility, speculate on price movements, and earn premiums through writing options contracts. One of the key features of Divergence is its flexible and customizable options framework, which supports both American and European options. This permits traders to engage with a wide range of strategies, including binary options. The platform's decentralized nature ensures transparency, security, and accessibility without the need for traditional intermediaries. By leveraging blockchain technology, Divergence simplifies the options trading experience, making it more accessible to both novice and experienced traders within the cryptocurrency market. Throug...
Divergence is a decentralized platform designed for creating and trading cryptocurrency options and volatility derivatives. It operates in the decentralized finance (DeFi) space, catering primarily to Ethereum and Binance Smart Chain users. The platform allows participants to mint, trade, and exercise options, which are financial derivatives that give the holder the right but not the obligation to buy or sell an underlying asset at a specified price within a certain period. Divergence focuses on enabling users to hedge against price volatility, speculate on price movements, and earn premiums through writing options contracts. One of the key features of Divergence is its flexible and customizable options framework, which supports both American and European options. This permits traders to engage with a wide range of strategies, including binary options. The platform's decentralized nature ensures transparency, security, and accessibility without the need for traditional intermediaries. By leveraging blockchain technology, Divergence simplifies the options trading experience, making it more accessible to both novice and experienced traders within the cryptocurrency market. Throug...