GammaSwap Labs LLC operates the GammaSwap protocol, the first decentralized finance application that facilitates on-chain trading of perpetual options without the need for oracles or intermediaries. This protocol, governed by the GammaSwap DAO, provides permissionless leverage on any token, enhancing market accessibility and liquidity for traders.
Funding
$1.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Decentralized finance (DeFi) traders lack access to perpetual options for hedging and speculation without relying on oracles or centralized intermediaries. Existing solutions often require synthetic assets or introduce complexities that limit accessibility and capital efficiency.
Solution
GammaSwap is a decentralized protocol that facilitates the trading of perpetual options directly on-chain, eliminating the need for oracles. By leveraging liquidity from Automated Market Makers (AMMs), GammaSwap enables permissionless leverage on any token. Traders can open long or short positions and manage their exposure to volatility. Liquidity providers earn fees by supplying assets to GammaSwap pools. The protocol is compatible with any Constant Function Market Maker (CFMM), such as DeltaSwap, Uniswap V2, and SushiSwap V2.
Target Audience
The primary target audience includes DeFi traders seeking leveraged exposure and liquidity providers looking to earn fees on their assets.
Features
- On-chain perpetual options trading without oracles
- Compatibility with any Constant Function Market Maker (CFMM)
- DeltaSwap AMM designed to reduce rate volatility
- Support for long, short, and straddle positions
- Liquidity pools for earning trading fees
- $GS token rewards for liquidity providers
- Governance via the GammaSwap DAO