Panoptic is a decentralized finance protocol that enables the minting and trading of perpetual options on any crypto asset without the need for oracles or intermediaries. It addresses the challenges of liquidity provision and risk management for Uniswap liquidity providers by offering tools that enhance yield and mitigate impermanent loss.
Funding
$11.5M 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.
+2Founders
Product
Problem
Decentralized finance (DeFi) lacks accessible perpetual options trading for a wide range of crypto assets, often requiring oracles and intermediaries. Liquidity providers on Uniswap face challenges in maximizing yield and mitigating impermanent loss.
Solution
Panoptic is a DeFi protocol that enables the permissionless minting and trading of perpetual options on any crypto asset, eliminating the need for oracles or intermediaries. By integrating with Uniswap v3, Panoptic offers a platform for users to trade options and swap assets seamlessly. The protocol provides tools designed to enhance yield, mitigate impermanent loss, and manage risk for Uniswap liquidity providers. Panoptic allows users to passively earn yield without active management and offers the ability to short LP tokens, turning Loss-Versus-Rebalancing (LVR) from a risk into a strategic opportunity.
Target Audience
The primary audience includes DeFi users, Uniswap liquidity providers, and options traders seeking a non-custodial, oracle-free platform for perpetual options trading on a wide range of crypto assets.
Features
- Minting, trading, and market-making of perpetual put and call options
- Integration with Uniswap v3 for seamless asset and options swapping
- Tools for Uniswap liquidity providers to increase yield and mitigate impermanent loss
- Support for trading any token permissionlessly with leverage and capped downside
- Passive liquidity provision on Uniswap V3
- LP token lending markets
- Full-stack and economic security audits