EthosX is thrilled to unveil its latest innovation in partnership with kanalabs.io: OPerps, a cutting-edge Perpetual Options product set to revolutionize short-term options trading.
Designed to empower users of all levels, OPerps provides a seamless and transparent platform for maximizing returns through informed market predictions.
OPerps leverages blockchain technology to offer decentralized options trading, providing users with efficient and transparent trading opportunities via an intuitive interface. By tokenizing options (ERC-20) that settle every few minutes/hours and never expire, OPerps eliminates the risk of cascading liquidations often associated with traditional perpetual futures.
Unlocking Trading Potential with OPerps
OPerps opens up a world of trading possibilities, enabling investors to profit from sudden market movements through Long Call and Long Put OPerps. Long Call OPerps capitalize on rising markets, while Long Put OPerps thrive in downtrends. Additionally, Short OPerps offer users the opportunity to earn premiums from Long OPerps token holders, with Short Call OPerps benefiting from falling markets and Short Put OPerps from rising markets.
The platform features a live options transfer function, allowing users to seamlessly move their live option positions to other wallets and protocols. With customizable leverage (up to 1000x on BTC/ETH) and APY options, traders can tailor their trading experience to suit their preferences while enjoying features to limit losses and prevent sudden liquidations for added safety.
Innovative Features and Operational Modes
OPerps stands as a pioneering force in capital markets, harnessing the potential of decentralized finance (DeFi) to enable the transfer of live options positions across the market. The platform offers distinct operational modes: Normal mode on Binance Smart Chain (BSC) and DEGEN mode on Arbitrum, catering to diverse trading preferences.
Powered by data from the Pyth network, OPerps ensures real-time price accuracy for options underlyings (BTC & ETH), facilitating seamless trading experiences and unlocking new avenues for traders in the decentralized options landscape.
