Panoptic

Panoptic is an Ethereum blockchain-based perpetual, oracle-free, instant settlement options trading protocol. 

Details

• Founders: Guillaume Lambert, Jesper Kristensen
• Founded: July 27, 2022
• Headquarters: Brookline, Massachusetts, United States

Key Features:

• The protocol enables trading, minting, and market making of perpetual put and call options, allowing continuous trading by eliminating expiration dates. 
• It uses unique pricing models that do not depend on external price oracles. 
• Enables seamless swapping of assets and options integrating with Uniswap v3 (the largest Ethereum-based decentralized exchange). 
• Panoptic's perpetual options make use of a unique funding rate mechanism that adjusts according to the market conditions.

Panoptic raised a total of $11.5M in funding over 2 rounds, the most recent funding was raised from a Seed round on November 20, 2023.

FAQs

1. What are perpetual options?

Perpetual options do not have an expiration date and allow users to keep their positions open as long as they want.

2. What wallets are supported by Panoptic?

It supports Ethereum-compatible wallets, like Coinbase wallet, MetaMask, and WalletConnect for trading and interacting with the platform.