Panoptic

Perpetual options protocol built on concentrated liquidity AMMs

Multi-Layer

ACTIVEDecentralized Exchanges

Pool

Integration

TL;DR

Panoptic is a groundbreaking perpetual options protocol built on Uniswap v3-style liquidity positions, enabling the permissionless creation and trading of any-strike, any-expiry options on any EVM token pair without the need for a traditional order book, options clearing house, or centralized counterparty. It represents one of the most technically sophisticated options primitives in DeFi, redefining how on-chain options are structured and priced.

Key Facts

CategoryDecentralized Exchanges

LayerMulti-Layer

StatusActive

Websitewww.panoptic.xyz

Key Features

1By reinterpreting and tokenizing these LP positions as options contracts, Panoptic enables traders to buy and sell calls and puts permissionlessly on any Uniswap v3 pool

2Panoptic supports multi-leg options strategies including spreads, straddles, strangles, and condors, all composable and expressible within a single transaction

3This brings institutional-grade options strategy construction to DeFi for the first time in a fully on-chain, non-custodial format

4On HyperEVM, where Uniswap v3-compatible concentrated liquidity DEXes are deploying, Panoptic enables sophisticated options trading on Hyperliquid spot assets

Ready to try Panoptic?

Decentralized Exchanges on Hyperliquid

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