Opyn(OSQTH)

Standardized

Derivative exchanges

Price

N/A

Chains

2 chains

Learn more

What is Opyn?

Opyn builds derivatives and options infrastructure. Opyn was founded by Nick Sawinyh, Zubin Koticha and Alexis Gauba and launched in 2019.

How does Opyn work?

We currently only track the Squeeth product. Overcollateralized borrowers mint Squeeth (oSQTH), a power perpetual token that tracks the price of ETH squared.

Who governs Opyn?

Opyn team & investors own and govern the protocol. They do not currently charge a fee for Squeeth mints (revenue). Opyn’s investors include Paradigm, Dragonfly Capital, etc.

The values in this graphic are examples and do not reflect actual values. Treat them as approximations.