Optix
Decentralized options and perpetuals exchange for altcoins.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | $1.8m | Early VC | |
| Total Funding | 000k | ||
Optix is a decentralized options protocol that enables users to trade options and perpetual contracts on a wide range of cryptocurrency assets beyond just Bitcoin and Ethereum. Founded in 2023 and based in Washington, DC, the company aims to provide financial tools for the expanding altcoin market, addressing the increasing demand for yield generation, leverage, and risk management. The platform is designed to connect projects, institutions, and traders through transparent option sale events and perpetual markets.
The protocol is built as a multi-chain solution, operating on ecosystems like Arbitrum, Polygon, BNB Chain, Avalanche, and Optimism. Its V2 architecture is built on Uniswap V4, which allows for advanced features such as limit orders and improved capital efficiency through shared liquidity pools for both options and perpetuals trading. Users can utilize any ERC20 token as collateral and any oracle for the strike price, offering flexibility in trading. A key feature is capital efficiency, where collateral from a single vault can be used to sell options across multiple assets, strikes, and expiries. This allows token holders to generate income by selling options or acting as liquidity providers.
Optix serves a diverse client base, including retail traders, protocols, DAOs, institutional investors, and market makers. For retail traders, it offers leverage, portfolio insurance, and yield opportunities. For protocols and DAOs, it provides structured products built on native tokens to manage risk and access leverage. The platform also facilitates permissioned DeFi for regulatory compliant participants and block trading for large-scale trades with verified KYC credentials. In February 2023, Optix raised $1.8M in an Early Stage VC funding round from investors including Arrington Capital, Huobi Global Eco Fund, and LVT Capital.
Keywords: decentralized options protocol, perpetual exchange, altcoin trading, DeFi, cryptocurrency derivatives, yield generation, risk management, multi-chain, Uniswap V4, crypto options, leveraged trading, liquidity pools, structured products, Arbitrum, Polygon, institutional crypto, block trading, ERC20, financial tools, digital assets