Description
Panoptic is an innovative on-chain options trading protocol built on Ethereum, designed to decentralize the derivatives market by offering a platform for trustless and transparent options trading. It eliminates the need for centralized intermediaries by using Ethereum's smart contract technology to enable users to create, settle, and trade options contracts securely and transparently. Panoptic supports American-style options, which can be exercised before expiry, across a broad range of assets for diversified investment strategies. Unique features of Panoptic include its perpetual nature, where options never expire, thus removing the necessity to roll options, and its oracle-free design, enhancing its resilience against attacks. This contributes to DeFi innovations within the Ethereum ecosystem, pushing forward the adoption and development of sophisticated crypto derivatives markets.
Panoptic is an innovative on-chain options trading protocol built on Ethereum, designed to decentralize the derivatives market by offering a platform for trustless and transparent options trading. It eliminates the need for centralized intermediaries by using Ethereum's smart contract technology to enable users to create, settle, and trade options contracts securely and transparently. Panoptic supports American-style options, which can be exercised before expiry, across a broad range of assets for diversified investment strategies. Unique features of Panoptic include its perpetual nature, where options never expire, thus removing the necessity to roll options, and its oracle-free design, enhancing its resilience against attacks. This contributes to DeFi innovations within the Ethereum ecosystem, pushing forward the adoption and development of sophisticated crypto derivatives markets.
