Primitive: Derivatives without oracles

February 16, 2022, 9:51PM EST

• 10 min read

Quick take

On-chain options markets continue to lag other DeFi verticals in adoption. The main challenges in decentralized options markets have been managing risk bootstrapping liquidity
Current approaches range from on-chain peer-to-peer order matching to options-focused AMMs
Primitive takes a novel approach of using custom spot pools whose LP shares are designed to replicate payoff structures for conventional options strategies

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Source: https://www.theblockresearch.com/primitive-derivatives-without-oracles-134364?utm_source=rss&utm_medium=rss