Thread by @cyrilXBT

One of the best performers in the bear market is the perp DEX.

One could ask if there is still an opportunity for creativity when $GNS $GMX and $MVX are leading the pack.

Well, @OptixProtocol is ushering in a new era of perpetual trade.

#DeFi

Introducing Optix - a revolutionary options protocol that aims to make the process as simple and user-friendly as using a crypto dex.

Introducing Optix Options Protocol. The revolutionary new platform that allows users to transfer risk using any asset in the crypto ecosystem.

With its unique features such as capital efficiency, simple user experience, and permissionless structured products,

@OptixProtocol is set to transform the way options trading is done in the crypto space.

Whether you're a protocol, retail trader, market maker, or institution, Optix has something to offer for everyone.

Join us on this thread as we dive deeper into the many benefits of using Optix for your options trading needs.

In this thread, we will be covering:

• Unique Benefits of Optix
• User Segments and Potential Narratives
• Option, Oracle & Collateral Types
• Why you should be part of this fast-growing community

Unique Benefits of Optix

Capital Efficiency:

With Optix, collateral in a single vault can be used to sell options across multiple oracles, put/call directions, expiries & strikes, making it highly capital efficient.

• Simple User Experience:

Optix aims to make the option buying and selling process as simple as possible, eliminating the confusion and complexity often associated with the process.

• Permissionless Structured Products:

Optix allows for the creation of structured products from existing #defi primitives (#erc20 & oracle), making it permissionless and accessible to all.

• Multichain Support: Optix's contracts & dapp currently support Arbitrum, Optimism, Polygon, $BNB Chain & Avalanche.

• Permissioned Defi: Optix allows for the buying and selling of options to regulatory-compliant participants.

• Block Trading: Optix enables block trading of any asset with KYC'd participants.

User Segments and Potential Narratives

• Protocols & DAOs:

Optix allows for token vaults, covered calls, cash secured puts on a native token or protocol defi primitives, risk management and incentive alignment for protocol participants or team members.

• Retail Traders:

Optix offers high but safe leverage opportunities, portfolio insurance, and the ability to earn yield through providing liquidity to vaults and using open-source tools such as humming but scripts.

• Market Makers:

Optix enables block trading, delta neutral strategies, hedging, and liquidity provision at scale.