The Delta One protocol offers users an automated, low-risk way to earn yield by investing in baskets or vaults of crypto options, a type of derivative that gives the purchaser the right to buy or sell an underlying asset at a set price on a set date. Options trading has long been popular in traditional finance, but the cryptocurrency-backed version has only recently started moving beyond institutions to retail investors, partly due to the complexity.
Source: https://www.coindesk.com/business/2022/04/19/solana-defi-protocol-delta-one-raises-91m-to-offer-crypto-options-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines