Opyn Partial Collateralization: How to Trade Partially Collateralized DeFi Options

Wade Prospere Jun 30 · 15 min read tl;dr Opyn is launching the first-ever on-chain margining system for partially collateralized options The upgrade allows options to be collateralized with less than their max loss (<1 asset for call, <strike for puts), increasing capital efficiency and providing leverage for DeFi options Margin requirements are based on … Read more

Opyn USDC Liquidity Rewards Program

Wade Prospere Mar 5 · 5 min read *note, this blog post was updated on March 22, 2021 to reflect the following: assuming a balanced orderbook, rewards for asks are 3x the rewards for bids, minimum reward for bids is 0.3% of spot, and rewards will be claimable every 4 weeks to save users gas. … Read more

A Beginners Guide to DeFi Options: Opyn v2

Wade Prospere Feb 23 · 13 min read A Beginner’s Guide to DeFi Options: Opyn v2 The Decentralized Finance (DeFi) ecosystem has benefitted from significant innovation during the last two years. Among other factors, the development of secure DeFi options protocols such as Opyn is contributing to this innovation, attracting significant capital inflows and trading … Read more