From Investing.com: 2024-05-27 10:30:41

EthosX has launched a new Perpetual Options product called OPerps in partnership with kanalabs.io, aiming to enhance returns through short-term market events. OPerps is a decentralized platform for options trading using blockchain technology, offering tokenized options that settle every few minutes/hours to avoid liquidation issues found in traditional futures. Traders can engage in Long Call, Long Put, Short Call, and Short Put OPerps to capitalize on market movements and transfer live options positions to other wallets for added convenience. The platform offers high leverage, high APY choices, and features to limit losses and avoid sudden liquidations, providing a safer trading environment. EthosX is a protocol for trading high-value vanilla and exotic derivatives without intermediary involvement, allowing traders to interact directly with minimal counterparty and settlement risks. The platform supports trading in cryptocurrency and traditional asset classes, with clearing and settlement processes automated through smart contracts.

Read more at Investing.com: EthosX Launches New Perpetual Options Product By Chainwire