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EthosX
EthosX is a blockchain-based derivatives trading platform that lets users trade options and perpetuals (branded as 'OPerps') without relying on centralised exchanges, clearing houses, depositories, or banks. It bridges traditional finance and crypto markets, serving retail traders as well as institutional users through products like a Derivatives RFQ platform, on-chain clearing and settlement, and lending protocol liquidation protection.
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OPerps
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Description
OPerps is a perpetual options trading platform developed by EthosX in partnership with Kana Labs, introducing a 'Pool vs Pool' model distinct from traditional options trading. Traders can hold Long Call OPerps (LCO) or Long Put OPerps (LPO) to gain leveraged exposure (100x-1000x) to bullish or bearish price movements by paying a fixed premium, while Short Call OPerps (SCO) and Short Put OPerps (SPO) holders earn premiums from Long OPerps holders during neutral or opposing market conditions. Settlement cycles occur as frequently as every 5 minutes (or every 2 hours on Binance), and every position carries a guaranteed 50% stop-loss regardless of leverage, protecting traders from cascading liquidations. OPerps tokens are ERC-20 tokens each valued at $1/1 USDC, serving both risk-averse traders seeking steady premium yield and active traders looking to capitalize on short-term market volatility.Category: Derivatives