EthosX has partnered with kanalabs.io to launch perpetual options product OPerps on its front end
ChainCatcher news, according to Chainwire, the decentralized derivatives infrastructure EthosX announced a partnership with kanalabs.io to launch a new perpetual options product OPerps on its front end, aimed at helping users generate income based on their market predictions.It is reported that OPerps allows users to trade tokenized (ERC-20) options that never expire but settle every few minutes/hours. Investors can participate in long call options and long put options OPerps trading.According to Web3 asset data platform RootData, the decentralized derivatives infrastructure EthosX completed a new round of financing of $1.8 million in December 2023. EthosX was founded in 2022 by Deepanshu, former Vice President of Global Derivatives Clearing at JPMorgan, and is a selected team in Binance Labs' sixth season MVB accelerator program, primarily providing automated and non-custodial clearing and settlement services for financial derivatives.
