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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Opyn v2 provides European-style, cash-settled options that automatically exercise at expiration. With cash settlement, holders of the options are not required to deliver the underlying asset to exercise their options; instead, the settlement occurs in the collateral asset, and they receive the difference between the underlying asset’s price at expiration and the strike price from the sellers of the options. The Opyn options, known as oTokens, are in the ERC20 format, enabling their trading on any decentralized exchange that adheres to the ERC20 standard. One key motivation for investors to engage in options trading is the potential for income generation. Much like yield farming, options can be utilized to earn returns or create income regardless of market conditions. Traders can leverage options to use a smaller capital outlay while still gaining exposure to price movements of an asset. This approach offers similar market exposure to direct asset ownership but with reduced capital requirements, thereby enhancing leverage and providing greater flexibility within investment portfolios. Ultimately, the strategic use of options can significantly amplify potential returns while managing risk effectively.

Description

Experience an incredibly robust trading platform designed specifically for cryptocurrency assets. You can initiate short or leveraged trades with up to 10x leverage and engage in Margin and Perpetual trading. Additionally, you have the option to borrow any supported asset directly to your wallet and leverage your existing cryptocurrency holdings as collateral. By depositing funds, you can accrue interest over time, with variable interest rates that align with current market conditions. Effortlessly manage, view, and close your margin positions while keeping track of your portfolio's performance over time. Engage in trading without facing counterparty risk, ensuring that you maintain control of your funds at all times. The platform consolidates spot and lending liquidity from various exchanges, allowing for margin trading with up to 4x leverage, enabling you to back your positions with any collateral that is supported. There is no need for a sign-up process, so you can start trading instantly from anywhere around the globe. The entire system is powered by Ethereum Smart Contracts and has been meticulously built and audited by top experts in the field. With such features, it not only emphasizes security but also enhances user experience significantly.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

CoinLedger No 
Cosmology No 
CryptoTax360° No 
DeFi Explore No 
Exponential DeFi No 
Hummingbot No 
Index Coop Yes 
Kado No 
L2BEAT No 
LTP No 
Ledger Yes 
Token Terminal No 
TradeFuse No 
TradesViz No 
Tres Finance No 
WalletConnect Yes 
WalletLink No 
WizzCrypto No 

Integrations

CoinLedger Yes 
Cosmology Yes 
CryptoTax360° Yes 
DeFi Explore Yes 
Exponential DeFi Yes 
Hummingbot Yes 
Index Coop No 
Kado Yes 
L2BEAT Yes 
LTP Yes 
Ledger No 
Token Terminal Yes 
TradeFuse Yes 
TradesViz Yes 
Tres Finance Yes 
WalletConnect No 
WalletLink Yes 
WizzCrypto Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Opyn

Founded

2019

Country

United States

Website

www.opyn.co

Vendor Details

Company Name

dYdX

Founded

2017

Country

United States

Website

dydx.exchange/

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