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EthosX Introduces Innovative Perpetual Options Product

 

EthosX is thrilled to announce the launch of its new Perpetual Options product, OPerps, in collaboration with kanalabs.io. This innovative product is designed to enhance returns by leveraging knowledge of short-term market events, making options trading more accessible and efficient.

OPerps is a decentralized platform that facilitates short-term options trading using blockchain technology for transparency and efficiency. It offers a user-friendly interface tailored for those new to derivatives, allowing users to trade tokenized (ERC-20) options that never expire but settle every few minutes or hours. This approach addresses the issue of cascading liquidations commonly found in traditional perpetual futures.

The decentralized, tokenized format of OPerps ensures continuous trading opportunities while enhancing security and flexibility. Investors can maximize their trading potential through Long Call OPerps and Long Put OPerps, which profit from rising and falling markets respectively. Additionally, Short OPerps provide opportunities to earn premiums from Long OPerps holders, with Short Call OPerps benefiting in declining markets and Short Put OPerps in ascending markets.


EthosX is excited to unveil its new Perpetual Options product, OPerps, developed in collaboration with kanalabs.io. This groundbreaking product is designed to enhance returns by leveraging short-term market insights and offers unparalleled convenience and flexibility.

Key Features of OPerps:

  1. Decentralized and Transparent Trading: Utilizing blockchain technology, OPerps provides a decentralized platform for short-term options trading with a user-friendly interface, ideal for newcomers to derivatives.

  2. Tokenized Perpetual Options: Users can trade ERC-20 tokenized options that never expire but settle every few minutes or hours, eliminating the risk of cascading liquidations found in traditional perpetual futures.

  3. Live Options Transfer: Unique to OPerps, this feature allows users to transfer live options positions to other wallets and protocols, enhancing convenience and flexibility.

  4. High Leverage and APY Choices: Traders can opt for high leverage (up to 1000x on BTC/ETH) or high APYs with triple-digit returns, providing varied trading strategies.

  5. Risk Management: OPerps includes features to limit losses and prevent sudden liquidations, creating a safer trading environment.

  6. Multiple Operational Modes: The platform offers Normal mode on Binance Smart Chain (BSC) and DEGEN mode on Arbitrum, catering to different trading preferences. DEGEN mode leverages real-time data from the Pyth network for BTC and ETH prices.

Innovative Trading Opportunities:

  • Long Call OPerps: Profit from rising markets.
  • Long Put OPerps: Benefit from market downtrends.
  • Short OPerps: Earn premiums from Long OPerps holders, with Short Call OPerps profiting in falling markets and Short Put OPerps in rising markets.

About EthosX:

EthosX is a protocol for trading high-value vanilla and exotic derivatives directly between investors, bypassing traditional intermediaries like banks and brokers. It facilitates automated and decentralized clearing and settlement, ensuring capital-efficient trading across both crypto and traditional asset classes.

To learn more about OPerps and stay updated, follow EthosX on their Website, Twitter/X, and LinkedIn.

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