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Optix Protocol

Optix Protocol was a decentralized exchange for altcoin options and perpetual contracts, connecting projects, institutions, and traders through fair and transparent option sale events and perpetual markets. It served token holders seeking yield generation, speculators seeking leverage, and traders seeking risk management tools. The protocol is no longer active.
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Description

Optix Protocol enabled permissionless trading of options and perpetual contracts on a wide range of altcoins. Its technical architecture combined shared liquidity pools providing margin for options and leverage for perpetuals, leveraging Uniswap V4 hooks for advanced functionality such as limit orders, KYC/AML, and dutch auctions. Strategies were composed of option and perpetual positions, with capital efficiency achieved through concentrated liquidity and multi-leg strategies across a multi-chain solution. The platform served token holders looking to generate yield by selling options or providing liquidity, speculators seeking leveraged exposure to altcoin price changes, and traders seeking to hedge risk via put options and short perpetuals. As of the current site content, the website states that Optix Protocol is no longer active.