Opyn Partial Collateralization Launch

Published on: 30.06.2021
Opyn Partial Collateralization Launch

Opyn is launching the first-ever on-chain margining system for partially collateralized options.

🔹Opyn Partial Collateralization Overview

🔹Margin Design

🔹Liquidation Mechanism

🔹How to Sell Partially Collateralized Options

What is Opyn?

Opyn is a capital efficient DeFi options protocol that allows users to buy, sell, and create options on ERC20s.

📰 INFO:

https://medium.com/opyn/opyn-partial-collateralization-how-to-trade-partially-collateralized-defi-options-3e23e8a201e

Market Stats:
BTC Dominance: 60.69%(-0.03%/24h)
ETH Dominance: 8.4%(-0.04%/24h)
Defi Market Cap: $80.24B(+38.76%/24h)
Total Market Cap: $2721.45B(-1.00%/24h)
Total Trading Volume 24h: $69.36B(+50.91%/24h)
ETH Market Cap: $229.02B
Defi to ETH Ratio: 35.04%
Defi Dominance: 2.85%
Altcoin Market Cap: $1069.92B
Altcoin Volume 24h: $44.9B
Total Cryptocurrencies: 34095
Active Cryptocurrencies: 10591
Active Market Pairs: 101152
Active Exchanges: 811
Total Exchanges: 10212
BTC: 83236.76$(-0.03%/1H)
ETH: 1895.61$(-0.03%/1H)
AVAX: 18.49$(-0.07%/1H)
BNB: 631.07$(0.21%/1H)
MATIC: 0.22$(0.08%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.72$(0.68%/1H)
DOT: 4.4$(0.47%/1H)
UNI: 6.16$(-0.24%/1H)
CAKE: 2.16$(0.22%/1H)
SUSHI: 0.63$(0.26%/1H)
ONE: 0.01$(-0.27%/1H)