May 4, 2021, 7:41AM EDT
• 9 min read
An Overview of On-Chain Options in DeFi
- Options are foundational infrastructure for any financial system, including DeFi.
- Trading volumes for options on cryptocurrencies like BTC and ETH have grown significantly in the last year, but the majority of this volume is on centralized exchanges.
- Automated market-making systems have been extremely successful bootstrapping liquidity in swaps and lending, but have not taken off for options so far.