Revolutionizing on-chain options trading through permissionless creation and tokenized derivatives
Revolutionizing on-chain options trading through permissionless creation and tokenized derivatives
The cryptocurrency options market faces several critical challenges:
Traditional on-chain options platforms struggle with user retention beyond initial token incentives
Complex options concepts create high barriers to entry
Existing solutions focus mainly on major assets, leaving a gap in long-tail asset markets
Centralized platforms dominate BTC/ETH options trading
The Permissionless Option Platform reimagines on-chain options trading by:
Embracing blockchain's permissionless nature
Supporting long-tail assets that traditional platforms ignore
Simplifying options creation and trading through tokenization
Enabling novel use cases beyond traditional risk hedging
Create options for any asset without platform approval
Support for both covered calls and puts
Fully collateralized to ensure security
Democratic access to options creation
Options exist as tradable tokens
Seamless integration with AMMs and DEXes
Enhanced liquidity through secondary market trading
Familiar trading experience for crypto users
Fully collateralized positions
European-style exercise (only at expiration)
Replace direct token distributions with options
Create healthier token economics
Align stakeholder interests
Reduce immediate selling pressure
Options-based airdrops instead of direct tokens
Better price stability
Enhanced community engagement
Reduced market manipulation