Crypto-Follow logo Crypto-Follow logo
TheBlock 2022-02-01 14:47:59

A look at Opyn’s Squeeth Futures

Quick takeSqueeth (a derivative developed by Opyn) is a power perpetual indexed to the price of ETH raised to the second power. Power perpetuals are an iteration on everlasting options, which attempt to consolidate options market liquidity similar to perpetual futures.Composable perpetual options-like exposure has the potential to be a useful lego in the DeFi stack, specifically structured derivatives products, while also supporting the development of novel volatility-based on-chain derivatives.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer